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383 Ashley Rd
Poole BH14 0AT

Retail Property For Sale

Investment Highlights

  • Locate din Poole, a costal down in Dorset with a high number of visitors each year
  • Glazed frontage
  • Lots of other retailers nearby brining in locals and tourists

Executive Summary

Investment Consideration:
VAT is NOT applicable to this property
Comprises ground floor retail shop
Occupiers close by include KFC and Waitrose, amongst other local retailers
Property Description:
The property comprises ground floor retail shop, providing the following accommodation and dimensions:
Ground Floor: 26 sq m (280 sq ft)
Open plan retail, Storage, WC
Tenancy:
The property is at present let to an Individual for a term of 3 Years from 24th June 2024 at a current rent of £5,200 p.a. Rent review in December 2025 open market upward only. No breaks. Deposit held of £875.
Tenure:
Long Leasehold. Held on a 999 year lease from 28th August 2020 at a ground rent of peppercorn.
Location:
Poole is a coastal town in Dorset, southern England, known for its large natural harbour and sandy beaches. The A350 road is Poole town centre's main artery, running north along Holes Bay and on to the A35, and as a single carriageway to Bath and Bristol. The property is located on a retail parade with occupiers nearby including KFC and Waitrose, amongst others.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront
Building Size
280 SF
Building Class
C
Year Built/Renovated
1950/2019
Price
$125,762 CAD
Price Per SF
$449 CAD
Cap Rate
7.43%
NOI
$9,342 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.64
Lot Size
0.01 AC
  • Listing ID: 27452170

  • Date on Market: 2023-01-06

  • Last Updated:

  • Address: 383 Ashley Rd, Poole BH14 0AT

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