Retail Investment - 792 Wimborne Road

Overview

Reference: 6371/SGC
Price: £ 99,950
Term: For Sale
Type: Investment
Contract: For Sale
Location: Bournemouth
Area: 565ft2
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Retail Investment in Moordown – 565 sq ft

Location

The property occupies a prominent corner location at the junction with Oswald Road on this busy main arterial road some 3 miles to the north of Bournemouth Town Centre.

There is a good mix of other retailers and professional office occupiers within the immediate vicinity and the premises service the densely population areas of Moordown, Winton and Ensbury Park.

Wimborne Road is a bus route and there is some on street car parking adjacent.

Accommodation

Café

Net floor area – 565 sq ft

Car parking – for two vehicles on Oswald Road frontage.

Lease

The ground floor is let to Wagdi Aziz Zaki trading as Fresh Edge Café on an existing

15 year lease expiring in July 2025 at a current rent of £8,000 per annum exclusive

subject to final review in 2022.

The lease is drawn on full repairing and insuring terms and there is a 6 months rent

deposit as security.

Price

£99,950 for the Freehold Interest subject to and with the benefit of the existing
occupational lease.


Property Misdescription Act and Misrepresentation Act: These particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract. Nettleship Sawyer cannot guarantee the accuracy of any description, dimension, references to condition, necessary permissions for use and occupation and other details contained herein and the prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy. No employee of Nettleship Sawyer has any authority to make or give any representations or warranty or enter into any contract whatever in relation to the property. Rents or prices quoted in these particulars may in addition be subject to VAT. Nettleship Sawyer will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.