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Lot 13 Sold: £140,000

Auction: Thursday 4th June 2026

5 The Parade, Marshall Road, Waterloo, Poole, Dorset BH17 7EZ

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Lot 13   Click here for addendum

Commercial Investment – Gross Yield 10% on net rent
6 week completion

Situation

Located within this neighbourhood parade serving the surrounding residential population, approximately 2 miles north of Poole town centre.
Poole lies approximately 5 miles west of Bournemouth and benefits from good road access via the A35 and A338.

Property

Forming part of a retail parade comprising a Ground Floor Shop.

Accommodation

Ground Floor Shop
Gross Frontage    22'6"
Built Depth           47'0"
Area                      Approx. 772 sq ft¹
WC

¹Not inspected by Barnett Ross. Area taken from VOA

VAT is NOT applicable to this Lot

Tenure

Leasehold for a term of 150 years from 23rd September 2005 (thus having approx. 129 years unexpired) at a fixed ground rent of £520 p.a.

Tenancy

The property is let on a full repairing and insuring lease to BSL02.Tanning Ltd and B. Tiller (as a Tanning Salon having 2 branches) for a term of 16 years from 17th May 2024 at a current rent of £14,000 per annum exclusive.

Rent Reviews 2028 & 4 yearly.

Tenant's Breaks 2030 & 2036.

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

*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 £1,500 including 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.