Unit 37 & 38, Uddens Trading Estate Wimborne Dorset BH21 7NL

Unit 37 & 38, Uddens Trading Estate
Wimborne
Dorset
BH21 7NL

Freehold Industrial/Office Ground Rent Investment

  • Let to Trustees of Denton SIPP (on two leases)
  • Leases expire in September 2109 and March 2111 (over 93 years unexpired)
  • Imminent and important rent review on Unit 38 in April 2017 (Unit 37 rent review in September 2015 recently completed at rent equating to £8 p.s.f.)
  • Recent increase in rent on Unit 37 to £15,156.80 per annum in September 2015 (equating to £8 p.s.f)
  • Notice served on Unit 38 proposing new rent of £13,500 per annum exclusive
  • 5 yearly rent reviews on both units - rents reviewed to 20% of rack rental value of each premises
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    5
  • Auction
    19th May 2016
  • Rent
    £23,956 per Annum Exclusive
  • Status
    Sold
  • Price
    £580,000
  • Sector
    Ground Rent
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Industrial/Office Ground Rent Investment

  • Let to Trustees of Denton SIPP (on two leases)
  • Leases expire in September 2109 and March 2111 (over 93 years unexpired)
  • Imminent and important rent review on Unit 38 in April 2017 (Unit 37 rent review in September 2015 recently completed at rent equating to £8 p.s.f.)
  • Recent increase in rent on Unit 37 to £15,156.80 per annum in September 2015 (equating to £8 p.s.f)
  • Notice served on Unit 38 proposing new rent of £13,500 per annum exclusive
  • 5 yearly rent reviews on both units - rents reviewed to 20% of rack rental value of each premises
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 5
  • Auction 19th May 2016
  • Rent
  • Status Sold
  • Price £580,000
  • Sector
    Ground Rent
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
9 miles north-west of Bournemouth, 30 miles south-west of Southampton
Roads
A31, A3049, A350
Air
Bournemouth Airport
Situation

The property is situated on the strategically located Uddens Trading Estate, which sits a short distance from the A31, a major trunk road connecting with the M27. Uddens Trading Estate adjoins Ferndown Industrial Estate, providing the largest industrial area within the East Dorset locality. Other occupiers on the estate include DPD and Bayquest.

Tenure

Freehold.

Location
Miles
9 miles north-west of Bournemouth, 30 miles south-west of Southampton
Roads
A31, A3049, A350
Air
Bournemouth Airport
Situation

The property is situated on the strategically located Uddens Trading Estate, which sits a short distance from the A31, a major trunk road connecting with the M27. Uddens Trading Estate adjoins Ferndown Industrial Estate, providing the largest industrial area within the East Dorset locality. Other occupiers on the estate include DPD and Bayquest.

Tenure

Freehold.

Description

The property comprises two buildings each arranged on the ground and first floors.

Six Week Completion

VAT

VAT is applicable to this lot.

EPC

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

Description

The property comprises two buildings each arranged on the ground and first floors.

Six Week Completion

VAT

VAT is 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 Review/(Reversion)
Ground & First
(Unit 37)
Offices/Workshop 880.07 sq m (9,493 sq ft) TRUSTEES OF
DENTON SIPP
-
P.HELME (t/a
Farrow &
Ball)
125 years from
14/09/1984 until
13/09/2109
£15,156.80 14/09/2020
and 5 yearly
thereafter (1)
Ground & First
(Unit 38)
Offices/Warehouse 679.18 sq m (7,311 sq ft) TRUSTEES OF
DENTON SIPP -
M.F.E. EPHSON
(t/a
Farrow &
Ball)
125 years from
31/03/1986 until
30/03/2111
£8,800 01/04/2017 and 5 yearly
thereafter (1)
Totals   1,559.23 sq m (16,784 sq ft)     £23,956.80  

(1) The rent is reviewed to 20% of the rack rented value of the premises - please see lease.

Property Documents

  • Catalogue Page
    Updated Date
    31.10.19
    File Size
    867 KB
    View PDF
  • Site Plan
    Updated Date
    31.10.19
    File Size
    254 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
Macrory Ward Solicictors 27 Station Road
New Barnet
Herts.
EN5 1PH
Martina Ward 020 8440 3258martina@macroryward.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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