Wimborne Investment Deal
Occupying a prominent location at the junction of The Square and West Borough in the heart of this thriving market town, the property, which once housed a temperance hotel, has an extensive return frontage.
The major party of the property is let to Boots Opticians who initially took a lease of the former Brian Drydens electrical shop in 2015, subsequently expanding into the former Harold G Walker solicitors offices in order to offer an enhanced range of services to the firm’s clients. The remaining space is let to Guardall Security Services.
The freehold interest was sold via an off-market exercise for an undisclosed sum.
Commenting on the deal, Patrick Willis who handled the transition said “ Notwithstanding the various challenges faced by the High Street in recent years Wimborne continues to enjoy strong demand from quality retailers and we have no shortage of investors looking to acquire freehold retail or other commercial investments in the town. Having handled the various lettings in the property over recent years, we were delighted to be entrusted with the task of sourcing a suitable purchaser on behalf of our Essex based clients who had owned the property for some time”