Commercial investment - 3,5 & 7 Gordon Road, Wimborne

Reference: 6381/SGC
Property Type: Investment
Property Term: For Sale
Contract: For Sale
Size: 2,300+ft2
Price: £499,950

LOCATION

The building occupies a busy trading location on the main access road (off Leigh Road) to this densely populated housing estate with further housing development planned and also serves the Brook Road Industrial Estate.  There is unlimited on street car parking adjacent.

ACCOMMODATION & LEASES

Shop 1 – Hairdressers

Retail Area – 473 sq ft

Cloakroom/WC and kitchenette

Let to Mr and Mrs D Faulkner by way of lease renewal on a new 9 year FRI lease from May 2019 at a rent of £8,160 per annum exclusive subject to 3 year rent reviews.

Shops 2 & 3 – convenience store

Retail Area – Approx 960 sq ft

Stockroom -  650 sq ft

Office – 170 sq ft

Let to Coombes Stores Ltd with a Personal Guarantee by way of an existing 15 year FRI lease from September 2009 at a current rent of £16,500 per annum exclusive subject to 3 year rent reviews.

The Cabin – Newspaper Distribution

Office – 90 sq ft

Let to Stuart Adam at a current rent of £1,100 per annum exclusive

The tenant has been holding over on an annual Law Society lease since September 2010.

Flat

An extremely spacious, modern, well decorated residential dwelling with gas central heating and UPVC double glazing and comprising:-

Kitchen – 121 sq ft

Fully fitted modern worktops, cupboards over and under, gas boiler, modern throughout.

Lounge/Diner – 304 sq ft

A good size dual aspect room with sliding patio doors to roof terrace.

Bedroom 1- 128 sq ft

Bedroom 2 - 120

Bedroom 3 – 174 sq ft

Bathroom/WC

Outside

Large rear garden with good size lawned area mature borders.

Flat let on an AST at a rent of £850 per calendar month (£10,200 pa).

Price

Offers invited on £499,950 for the freehold interest subject to and with the benefit of the existing leases and assured shorthold tenancy

50.796667, -1.9718371

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.