Let until 2026 (subject to option) on a new 10 year lease
Located in affluent and attractive coastal town
Situated on The Quay overlooking Europe’s largest natural harbour
Nearby occupiers include JD Wetherspoon, Tesco Express and a number of shops, bars, restaurants and museums
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 74
Auction 19th May 2016
Rent £60,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of a Major Fund Manager
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
Poole is an attractive tourist coastal town located some 5 miles west of Bournemouth. The property is situated in a prominent location in the town centre on The Quay, a busy thoroughfare overlooking Europe’s largest natural harbour. The property is within a short walk of Dolphin Quays Shopping Centre, the Thistle Hotel and Sunseeker Wharf (home to Sunseeker Yachts), with other nearby occupiers including JD Wetherspoon, Tesco Express and a number of boutiques, bars and restaurants.
Tenure
Virtual Freehold. Held from Poole Quay Residents Company for a term of 999 years from 1st January 2001 at a peppercorn rent.
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
Poole is an attractive tourist coastal town located some 5 miles west of Bournemouth. The property is situated in a prominent location in the town centre on The Quay, a busy thoroughfare overlooking Europe’s largest natural harbour. The property is within a short walk of Dolphin Quays Shopping Centre, the Thistle Hotel and Sunseeker Wharf (home to Sunseeker Yachts), with other nearby occupiers including JD Wetherspoon, Tesco Express and a number of boutiques, bars and restaurants.
Tenure
Virtual Freehold. Held from Poole Quay Residents Company for a term of 999 years from 1st January 2001 at a peppercorn rent.
Description
The property comprises a ground floor retail unit, currently being fitted out to include a small café area.
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 a ground floor retail unit, currently being fitted out to include a small café area.
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
Retail
660.07 sq m
(7,105 sq ft)
TITAN LEATHERCRAFT LTD (1) WITH PERSONAL GUARANTEE
10 years from 08/03/2016 on a full insuring and repairing lease (2) (3)