Lot 19 Click here for addendum
Freehold Commercial Investment – Gross Yield 10%
6 Week Completion
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.
A mid terraced building comprising a Ground Floor Shop with internal access to Ancillary Accommodation on the first floor.
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
VAT is NOT applicable to this Lot
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.