Business Summary

SITUATION AND DESCRIPTION

The picturesque market town of Wareham is situated between the rivers Piddle and Frome on the edges of the Isle of Purbeck and approximately 10 miles west of Poole Town Center. The town benefits from a substantial influx of tourists during the summer months. The subject premises are located in South Street close to the Quay which is a popular tourist destination.

Wareham’s shop include a range of local and national traders including Co-Op and J Sainsbury and several of the leading banks and building societies.

The property, which retains many of its original features including a large inglenook fire place dividing the main sales area from the secondary sales area, comprises a ground floor shop with a self contained two bedrooms flat over. Accessed from the rear of the shop the premises have the benefit of a walled garden which is currently used for storage for the shop. To the side of the shop is a single storey lean-to used for additional stores.

ACCOMMODATION

Main Sales Area
Shop Width :14’02” (4.31m)
Shop Depth :18’00” (5.48m)

Additional Sales Area
Shop Width :12’06” (3.80m)
Shop Depth :13’08” (4.16m)

Sales Area :424 sq.ft. (39.39 sq.m.) approx.

Ancillary Stores
Width :14’06” (4.42m)
Depth :12’02” (3.70m)

Living Accommodation (Self contained)
Well presented refurbished two bedroom flat with central heating and part double glazed.
Lounge Kitchen Diner :15’00” x 13’06” (4.57m x 4.11m)
Bedroom One : 7’07” x 16’06” (2.31m x 5.02m)
Bedroom Two :11’04” x 10’00” (3.45m x 3.04m)
Shower room : 8’06” x 5’09” (2.59m x 1.75m)
Including corner shower, WC and washbasin

Outside
Walled garden :13’00” x 49’00”
Including garage / stores
Lean to stores adjoining main building

RATEABLE VALUE -
£8,300 (previously £6,600)
Living Accommodation – Band B

PLANNING

Class A1 retail sales only

TENURE

We are advised that the living accommodation is let on an Assured Shorthold Tenancy (AST) at a rental of £625 pcm, as of June 2013. The tenant is a long standing occupier although she is currently holding over on has AST.

The ground floor shop is let on a 3 year tenancy agreement from 1st February 2011 to Fiona McDonnell at a rental of £7,000 p.a. The tenant of the shop has no service charge obligations for the exterior of the building.

PRICE

£215,000 for the freehold and benefit of the income from the tenancies.

VIEWING AND FURTHER DETAILS

By arrangement with Ellis and Partners through whom all negotiations are to be conducted.

Tel: 01202 551821
Website: www.ellis-partners.co.uk

Property Details

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