Property Type | Investment / Retail & Leisure |
Tenure | For Sale |
Size | 1,190 sq ft |
Price | Offers in excess of £250,000 |
Business Rates | Upon Enquiry |
Rateable Value | £21,500 |
Energy Performance Rating | This property has been graded as C (57) |
The property comprises a single storey detached building used as a convenience store. A small office/store is located to the rear of the property which leads out to a small external yard area.
The property has the benefit of forecourt parking at the front for a maximum of 7 car parking spaces together with allocated bicycle and motorbike parking.
The accommodation comprises the following areas:
Name | sq ft | sq m |
---|---|---|
Ground - Retail area | 1,085 | 100.80 |
Ground - Office/store | 105 | 9.75 |
Total | 1,190 | 110.55 |
The property is located in an excellent position fronting the very busy Sandford Road (A351). The A351 provides principle access to Wareham, The Isle of Purbeck and Swanage. The last manual traffic count (2022), showed over 20,000 average annual daily vehicle movements for this section of the A351 (source: https://roadtraffic.dft.gov.uk/).
Sandford is an established residential location which is located approximately 1.5 miles to the east of Wareham Town Centre.
The premises are available for sale on a freehold basis. subject to the existing tenancy
Let to Mary Jeyakumar trading as Sandford Road Convenience Store on a Full Repairing and Insuring Lease for a term of 15 years with open market rent reviews every 5 years from November 2021 at a rent of £17,500 per annum exclusive. There is security in the form of a rent deposit of £4,375.
Offers in excess of £250,000.
We are verbally informed that the property has a rateable value of £21,500. The Rates Payable will be determined by the Uniform Business Rate Multiplier which is set by the Government annually.
The property has an energy rating of C-57. A copy of the full EPC is available on request.
Each party to be responsible for their own legal costs.
We understand the property has the benefit of a Planning Consent for uses falling within Class E, within the Town & County Planning (Use Classes) Order 1987 as amended.
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