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Lot 19 Sold: £121,000

30 Salisbury Street, Blandford Forum, Dorset DT11 7AR

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Lot 19   Click here for addendum

Freehold Commercial Investment – Gross Yield 10%
6 Week Completion

Situation

Located at the junction with Whitecliff Mill Street in the town centre, two doors from Iceland and amongst multiple retailers as Boots, Subway and Costa together with a host of independent retailers.
Blandford Forum is an attractive town located approx. 16 miles north-west of Bournemouth and 21 miles south-west of Salisbury, enjoying good road access via the A350 and A354.

Property

A mid terraced building comprising a Ground Floor Shop with internal access to Ancillary Accommodation on the first floor.

Accommodation

Ground Floor Shop
Gross Frontage 12'2"
Internal Width 11'9"
narrowing at rear to 5'1"
Shop & Built Depth 42'0"
First Floor Ancillary
Area Approx. 435 sq ft
WC

VAT is NOT applicable to this Lot

FREEHOLD


Tenancy

The entire property is let on a full repairing and insuring lease to Ms K. Hartley as a Bridal Boutique for a term of 5 years from 16th July 2020 at a current rent of £8,500 per annum exclusive.

Rent Review July 2023

Note: There is a £2,124 Rent Deposit held.

Enquire about this lot:

Photo of Steven Grossman

Steven Grossman
020 8492 9449
sgrossman@barnettross.co.uk

Photo of Elliott Greene

Elliott Greene
020 8492 9449
egreene@barnettross.co.uk

JOINT AUCTIONEER:
Day and Bell Surveyors

Tel: 020 8445 3611    Ref: Alex Mason
alex.mason@dayandbell.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,000 plus VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.