25-26 East Street
Ref 10359
Address 25-26 East Street, Wimborne, Dorset, BH21 1DU
Property type Investment - Office, Investment - Retail
Size 7,149 Sq Ft
Freehold £750,000 - £750,000
FOR SALE - Mixed-Use Freehold Investment in Prominent Town Centre Location The attractive and historic East Dorset market town of Wimborne Minster is situated approximately 5 miles north of Poole and some 10 miles north west of Bournemouth. The town features a vibrant mixture of local and national retailers and also features a strong foody scene with a number of quality independent restaurants, cafes and bars trading alongside Wetherspoons and Piazzo Lounge. Both Waitrose and Co-op have supermarkets in the town and other major retailers represented include Fat Face, Rohan, Crew Clothing, Mint Velvet, Superdrug, WH Smith, Specsavers, Seasalt, Moshulu and Phase Eight. The premises occupy an excellent trading location within the town centre being prominently located at the junction of Poole Road and East Street each of which offer shopper's car parks within close proximity. The premises also benefit from roadside parking (subject to daytime restrictions) within a few yards. The ground floor is tenanted by 'The Mobility Shop' and comprises a good-sized corner shop which is linked to a spacious warehouse benefitting from retail frontage. The warehouse also features a mezzanine floor and good loading facilities via a roller shutter door. The warehouse has been stud partitioned to form a second, spacious and well fitted retail unit within it. As such the premises, as currently configured, offer excellent retail and storage facilities together with a stockroom, office, staffroom, kitchenette and WC. The first floor is tenanted by Rawlins Davy Reeves (Formerly Jacob and Reeves), benefits from two ground floor entrances and a large reception area with five separate office rooms, kitchenette and small store room.
- Freehold
- Current Income Receivable - £46,000 per annum
- Estimated Rental Value - Approximately £65,000 per annum
- Total Net Internal Area - 7149 Sq. Ft. (664.40 Sq. M.) Approx.
- Price equates low capital value at £111.90 per square foot.
- Rare opportunity to acquire substantial building in Wimborne Town Centre
- Seeking offers in the region of £750,000 (SPV Purchase)