6 Week completion
Occupying a prominent corner position in the town centre at the junction with Bryanston Street, directly opposite Iceland and amongst nearby multiples such as Carphone Warehouse, Connells, Subway, Boots, Hays Travel and many more, as well as a variety of local traders.
Blandford Forum is an attractive town located approximately 16 miles north-west of Bournemouth and 21 miles south-west of Salisbury, enjoying good road access via the A350 and A354.
A Grade II Listed end of terrace building comprising a Ground Floor Shop with Ancillary/Storage at first floor level.
Ground Floor Shop
Gross Frontage 15'4"
Internal Width 13'8" (max)
Shop & Built Depth 26'1"
First Floor Ancillary
1 Room, Kitchen, WC
VAT is NOT applicable to this Lot
The entire property is let on a full repairing and insuring lease to Julia's House Limited as a Charity Shop (having 10 branches) (T/O for Y/E 31/12/16 £6.6m, Pre-Tax Profit £1.2m and Shareholders' Funds £9.79m) for a term of years from 24th June 2007 until 28th September 2017 at a current rent of £12,000 per annum exclusive.
Note 1: A Section 27 Notice has been served by the tenant confirming that they will not be renewing the lease after expiry on 28th September 2017 and thereafter the property will be vacant.
Note 2: As the property is Grade II Listed empty rates will not be applicable.