274 Wallisdown Road, Bournemouth, BH10 4HZ
£181.39 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,729 sq ft
254 sq m
- SECTOR
Out-of-town retail property for sale
Key features
- Two lock-up retail premises with rear car-parking for approximately 7 vehicles
- Fronting the busy Wallisdown Road roundabout approximately 35,000 traffic movements per day
- Two retail units currently producing a total annual rent of £40,000 per annum exclusive
- Front unit – let until March 2033 at a rental of £26,000 per annum exclusive
- Rear unit – let for a term expiring September 2032 at a current rent of £14,000 per annum exclusive
- Communal WCs and a kitchenette that serves both retail units
- Rear allocated parking for approximately 7 vehicles
- Currently not elected for VAT
Description
Substantial return frontage to Kinson Road and Wallisdown Road.
Both units have been fitted out to a high standard throughout. The units share a communal kitchenette and male and female WCs.
Excellent re-letting prospects in the future should a unit(s) become available.
The property is located fronting the Wallisdown Road roundabout at its junctions with Kinson Road and Alder Road – this is one of the busiest thoroughfares in the BCP conurbation.
The property is prominently located in close proximity to other established operators including Tesco Express, BMW, Pets Corner, Aldi and Subway.
The area offers a mix of local independent retail outlets together with multiple operators, all serving the densely populated surrounding area.
The property is conveniently located approximately 3.1 miles from Bournemouth town centre, 3.4 miles from Poole town centre and 6.8 miles from Wimborne Minster.
The front unit is let to Homes of Beauty Ltd on a 9 year lease from 1st April 2024 at a current passing rent of £26,000 per annum.
The rear unit is let to Revive Bournemouth Ltd on a 9 year lease from 25th September 2023 at a current passing rent of £14,000 per annum.
See the brochure for full details.
£495,000
The property is held on a freehold basis
A successful bidder will be required to satisfy all Anti Money Laundering requirements when Heads of Terms are agreed.
The property has an energy rating of C-66. A copy of the full EPC is available on request.
Brochures
274 Wallisdown Road, Bournemouth, BH10 4HZ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Branksome Station1.3 miles
- Bournemouth Station2.4 miles
- Parkstone Station2.4 miles
Notes
Disclaimer - Property reference 379518-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sibbett Gregory, Poole. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.