106 High Street Poole Dorset BH15 1DE

106 High Street
Poole
Dorset
BH15 1DE

Freehold Retail Investment

  • Let to Baleday Limited until 2026 (no breaks)
  • Attractive former bank in affluent Dorset town
  • Pedestrianised location close to Yates, McDonald’s and Iceland
  • VAT-free investment
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    40
  • Auction
    10th December 2015
  • Status
    Sold
  • Price
    £714,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
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* More information on the term "guide" can be found here

Freehold Retail Investment

  • Let to Baleday Limited until 2026 (no breaks)
  • Attractive former bank in affluent Dorset town
  • Pedestrianised location close to Yates, McDonald’s and Iceland
  • VAT-free investment
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 40
  • Auction 10th December 2015
  • Status Sold
  • Price £714,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
5 miles west of Bournemouth, 29 miles south-west of Southampton
Roads
A31, A35, M27
Rail
Poole Railway Station
Air
Southampton Airport
Situation

The property is situated in a prominent location on the western side of the pedestrianised High Street, at its junction with Hill Street and south of Chapel Lane. Nearby occupiers include Yates Public House, McDonald’s, Iceland, Peacocks, Robert Dyas and Greggs.

Tenure

Freehold.

Location
Miles
5 miles west of Bournemouth, 29 miles south-west of Southampton
Roads
A31, A35, M27
Rail
Poole Railway Station
Air
Southampton Airport
Situation

The property is situated in a prominent location on the western side of the pedestrianised High Street, at its junction with Hill Street and south of Chapel Lane. Nearby occupiers include Yates Public House, McDonald’s, Iceland, Peacocks, Robert Dyas and Greggs.

Tenure

Freehold.

Description

The property comprises ground floor retail (amusement arcade) accommodation, with ancillary accommodation on basement and first floors.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises ground floor retail (amusement arcade) accommodation, with ancillary accommodation on basement and first floors.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground
Basement

First
Retail/Ancillary
Ancillary (restricted
access)
Ancillary
118.00 sq m
-

61.50 sq m
(1,270 sq ft)
-

(662 sq ft)
BALEDAY
LIMITED (1)
(t/a Cashino)
15 years from 25/11/2011
until 24/11/2026 on a full
repairing and insuring
lease
£55,000 25/11/2016
and
25/11/2021
Total Commercial Area  
179.50 sq m
(1,932 sq ft)
    £55,000

(1) For the year ending 31st December 2014, Baleday Limited reported a turnover of £26,298,000, pre-tax profits of £3,012,000 and a total net worth of £2,206,000, a part of Praespe Holdings Limited (Source: Experian Group 11/11/2015).

Property Documents

  • Site Plan
    Updated Date
    18.11.15
    File Size
    80 KB
    View PDF
  • Catalogue Page
    Updated Date
    18.11.15
    File Size
    897 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Blake Morgan New Kings Court, Tollgate, Chandlers Ford, Eastleigh
Southampton
SO53 3LG
Jim Smith 02380 908 090jim.smith@blakemorgan.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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