{"loaderData":{"0-3":{"propertyListing":{"building":{"id":"759452595341649","summary":"Wimborne Minster is a popular and affluent Dorset market town. The town is situated just off the A31 with excellent road connections to nearby Ferndown, Bournemouth/Poole, and Blandford Forum.\nThe site is accessed via St Margaret's Hill, B3082 from Blandford or B3078 from Wimborne.\nThe subject site is a self-contained section of the Stone Lane industrial Estate, which in total extends to circa 4 acres. The site was developed in the 60's and 70's and is understood to have originally been a brickworks.\nUnits 2, 3, 3a, 4, 5 & 6 are situated at the northern end of the estate road behind a secure gated entrance.\nThe site has a good level of external space and future asset management opportunities.\n\nThe site extends to circa 1.47 acres.\n\nTENANCIES\n\nUnit 2 - Vacant\nEstimated Rental Value £40,000 per annum, exclusive\n\nUnits 3/3A\nLet by way of a lease to MRF Parts Ltd (Co. No 13319708)\nTerm 6 years from 9th of February 2024 reserving a current rent of £22,500 per annum. The lease is excluded from the security of tenure provisions of the LTA 1954, part II.\nOpen market rent review at 3rd anniversary.\nAll three directors of MRF Parts Ltd stand as personal guarantors to the lease. A three month rent deposit is held by the Landlord.\n\nUnit 4\nLease renewal yet to be concluded to TG Welding Limited (Co. No 02676155)\nTerm 6 years from the date of the lease (agreed but yet to be concluded) reserving a rent of £18,500 per annum. The lease is excluded from the security of tenure","archived":false,"description":"Description

Wimborne Minster is a popular and affluent Dorset market town. The town is situated just off the A31 with excellent road connections to nearby Ferndown, Bournemouth/Poole, and Blandford Forum.
The site is accessed via St Margaret's Hill, B3082 from Blandford or B3078 from Wimborne.
The subject site is a self-contained section of the Stone Lane industrial Estate, which in total extends to circa 4 acres. The site was developed in the 60's and 70's and is understood to have originally been a brickworks.
Units 2, 3, 3a, 4, 5 & 6 are situated at the northern end of the estate road behind a secure gated entrance.
The site has a good level of external space and future asset management opportunities.

The site extends to circa 1.47 acres.

TENANCIES

Unit 2 - Vacant
Estimated Rental Value £40,000 per annum, exclusive

Units 3/3A
Let by way of a lease to MRF Parts Ltd (Co. No 13319708)
Term 6 years from 9th of February 2024 reserving a current rent of £22,500 per annum. The lease is excluded from the security of tenure provisions of the LTA 1954, part II.
Open market rent review at 3rd anniversary.
All three directors of MRF Parts Ltd stand as personal guarantors to the lease. A three month rent deposit is held by the Landlord.

Unit 4
Lease renewal yet to be concluded to TG Welding Limited (Co. No 02676155)
Term 6 years from the date of the lease (agreed but yet to be concluded) reserving a rent of £18,500 per annum. The lease is excluded from the security of tenure provisions of the LTA 1954, part II. The lease is subject to a schedule of condition and a break clause / rent review at 3rd anniversary.

Unit 5
Let by way of a lease dated 29th April 2022 to Benchmarque Designs Limited (Co.No. 03603084) and Mr M. P. Batchell.
Term six years from 10th May 2020, expiring 9th May 2026 reserving a current rent of £18,500 per annum, subject to upward only open market rent review May 2023. The lease is excluded from the security of tenure provisions of the LTA 1954, Part II.
The lease provides a mutual break on 10th May 2023 subject to 6 months' notice.

Unit 6
Let by way of a lease dated 10 October 2023 to Mackenzie Motors Limited (Co. No. 11244239).
Term 5 years from 1st September 2023, reserving a current rent of £26,400 per annum. A three month rent deposit is held by the Landlord.. A Mrs Fiona Kusel stands as guarantor.

Total Income reserved £125,900 per annum.

TENURE

The property is held freehold. There are understood to be two separate titles forming the interest to be sold. The current access road is un-registered.

ESTATE MANAGEMENT/SERVICE CHARGE

We are advised the estate charges are levied on an \"as and when\" basis with no formal service charge on account. We are advised there is a cap on the service charge for unit 4 at £2,500 subject to indexation.

Accommodation

Unit 2 5,220 Sq.Ft. (485 Sq.M)
Mezzanine 750 Sq.Ft. (70 Sq.M)
Office outbuilding 952 Sq.Ft. (88.47 Sq.M)
Detached garage 200 Sq. Ft. (18.5 Sq.M)

Unit 3/3A 3,345 Sq.Ft. (310.84 Sq.M)

Unit 4 3,068 Sq.Ft. (285.20 Sq.M)
Mezzanine 564 Sq.Ft. (52.43 Sq. M)

Unit 5 3,510 Sq.Ft. (326.25 Sq.M)
Mezzanine 635 Sq.Ft. (59 Sq.M)

Unit 6 4,756 Sq.Ft. (442 Sq.M)
Mezzanine 635 Sq.Ft. (59 Sq.M)

Total Internal Area 23,635 Sq.Ft. (2,196.69 Sq.M)

Planning

Interested parties are advised to make their own enquiries of the Local Authority for confirmation.

EPC Text

Asset Ratings
Unit 2 D99
Unit 3 D86
Unit 3a D86
Unit 4 E125
Unit 5 D88
Unit 6 E122

Rating

Rateable Values
Unit 2 £32,250
Unit 3 TBC
Unit 3a £14,500
Unit 4 £21,000
Unit 5 £22,000
Unit 6 £22,000
Source

Terms

Seeking offers in the region of £1,400,000, subject to contract and exclusive of VAT, reflecting a gross initial yield of 9%, A purchase at this level reflects £66.50 per Sq.Ft. (disregarding mezzanines).

We understand that VAT is not payable on the purchase but advise all parties to make their own enquiries.

Anti Money Laundering

Please note all prospective purchasers will need to be verified for 'Anti Money Laundering' purposes prior to issuing memorandum of agreed terms of sale.","disclaimer":{"raw":"Disclaimer - Property reference 11679FH. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Primmer Olds UK Limited, Bournemouth. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":[],"keyFeatures":["Rare industrial opportunity in this attractive market town","Self-Contained Site, adjacent river","Future Asset Management / Development Potential","Mixed Income Stream across four tenancies","Gross Income £125,900 per annum","Price equates low capital value at £66.50 per sq ft"],"environment":{"epcRating":null,"breeamRating":null,"environmentalDescription":null},"pricing":{"price":1400000,"displayQualifier":"NONE","frequency":null,"rentObligation":null},"useClasses":[],"tenureType":null,"tenureYearsRemaining":null,"parkingSpaces":null,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":null,"planningPermission":null,"businessForSale":false,"media":{"brochures":[{"uri":"property-brochure/c9a830c23/759452595341649/c9a830c23bd9dc6ba7b1353fbbd50415.pdf","description":"Stone Land Industrial Estate Units 2-6 UO_compressed"}],"photos":[{"uri":"property-photo/8f10b71aa/759452595341649/8f10b71aa4e0c74ee74b0291ba220e6b.jpeg","description":"Photo 14"},{"uri":"property-photo/20bbfdfda/759452595341649/20bbfdfdae1461fe76e65fb3c094eede.jpeg","description":"Photo 19"},{"uri":"property-photo/854b73de9/759452595341649/854b73de90038ca50fa054f74f84a602.jpeg","description":"Photo 18"},{"uri":"property-photo/a4c4b4e2d/759452595341649/a4c4b4e2d88d4273902048ce8d082308.jpeg","description":"Photo 15"},{"uri":"property-photo/f13d4b193/759452595341649/f13d4b1935a8b861673639ccecd7fdf7.jpeg","description":"Photo 16"},{"uri":"property-photo/abb7bb066/759452595341649/abb7bb066527a2c670d196c20d529af9.jpeg","description":"Photo 17"},{"uri":"property-photo/9fe1647ab/759452595341649/9fe1647abbd94553142bae462b7067cd.jpeg","description":"Photo 7"},{"uri":"property-photo/1952cd976/759452595341649/1952cd9768a7099f3bdfad6068aa51e7.jpeg","description":"Photo 19"},{"uri":"property-photo/aa3056b06/759452595341649/aa3056b06c534313e828d6e9ae67ecdc.jpeg","description":"Photo 4"},{"uri":"property-photo/5053d5b05/759452595341649/5053d5b057067e53f81ae63388322024.jpeg","description":"Photo 3"},{"uri":"property-photo/e47f6f2a4/759452595341649/e47f6f2a42784054f37292fb0036056b.jpeg","description":"Photo 5"},{"uri":"property-photo/2d13c024e/759452595341649/2d13c024e58f11c657404fe4e2b7339c.jpeg","description":"Photo 6"},{"uri":"property-photo/e7f2e8703/759452595341649/e7f2e87034b142d6bb0891347738e39f.jpeg","description":"Photo 13"},{"uri":"property-photo/7adf68937/759452595341649/7adf68937976a85d85fe8835b7c7337b.jpeg","description":"Photo 12"},{"uri":"property-photo/b3c7fb5a0/759452595341649/b3c7fb5a00cc26d180b0d3f131b82ef1.jpeg","description":"Photo 20"}],"floorPlans":[],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":"SQFT","size":23635,"minSize":null,"measurementType":"GIA","maxSize":null},"location":{"displayAddress":"Unit 2-6 Stone Lane Industrial Estate, Wimborne, Dorset, BH21 1HB","showMap":true,"postcode":{"incode":"1HB","outcode":"BH21"},"streetView":null,"latitude":50.806213,"longitude":-1.99254},"nearestStations":[{"distance":5.742216479858305,"name":"Hamworthy Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"Primmer Olds UK Limited, Bournemouth","email":null,"profileUrl":"/estate-agents/agent/Mava-Real-Estate/Bournemouth-79329.html","logo":"/partner-logo/24393504-LOGO-1765968279.jpg","id":79329,"description":"","telephoneNumber":"01202 145433","morePropertiesFromAgentUrl":"/commercial-property-for-sale/find/Mava-Real-Estate/Bournemouth.html?locationIdentifier=BRANCH%5E79329&propertyStatus=all&includeLetAgreed=true&_includeLetAgreed=on","primaryBrandColour":null}],"owner":null,"primaryPropertyClassification":{"propertyClassificationSubType":"LIGHT_INDUSTRIAL","propertyClassificationType":"INDUSTRIAL_AND_LOGISTICS","offices":null,"industrialAndLogistics":{"driveInBays":null,"clearHeightUnit":null,"clearHeight":null,"dockLevellers":null,"floorLoadingCapacityKiloNewtons":null,"powerSupplyKiloVoltAmperes":null,"yardDepthMetres":null},"leisureAndHospitality":null,"retail":null},"secondaryPropertyClassifications":[],"letType":null,"letContractLength":null,"status":"UNDER_OFFER","availableDate":null,"serviceCharge":0,"businessRates":0,"isRentAllInclusive":null,"products":{"commercialSearchProminenceEnabled":false,"featuredProperty":false,"premiumListing":false,"premiumListingLabel":null},"auction":false,"spaces":[]}},"mediaParams":{"mediaType":"photos","mediaIndex":12}}},"actionData":null,"errors":null}