Lot 12 details
6 Week completion
Occupying a busy trading position on one of the town's main retail thoroughfares, close to the junction with Poole Road, sitting amongst a variety of local cafés, eateries, estate agents as well as Marks & Spencer Foodhall, Café Rouge, Coral, Costa, HSBC and many other traders all serving the surrounding residential area.
Westbourne is a suburb of Bournemouth which is a popular seaside resort on the south coast, approx. 3½ miles east of Poole and 25 miles south-west of Southampton.
A mid terrace building comprising a Ground Floor Double Shop and Basement with separate front access to 5 Self-Contained Flats on the first and second floors.
VAT is NOT applicable to this Lot
W S Retail Ltd trade under the ‘Central Convenience Stores', ‘Central Garage Forecourt' and ‘Central Newsagent' brands operating from over 107 managed stores and 21 franchised stores. In addition, the tenant has advised they are adding around 30 managed stores a year.
For Y/E 02/04/16 W S Retail Ltd reported a T/O of £54.98m, Pre-Tax Profit £805,000 and Shareholders' Funds £500,000. The ultimate Parent Company is Palmer & Harvey (Holdings) Plc.