Unit 34, Uddens Trading Estate Wimborne Dorset BH21 7NL

Unit 34, Uddens Trading Estate
Wimborne
Dorset
BH21 7NL

Highly Reversionary Freehold Industrial Ground Rent Investment

Let to C.J. De’ath Investments Limited
Important Reversion on expiry of ground rent lease in March 2026(Approximately 10 years unexpired)
Previous rent reviews in ground lease reviewed to Market Rental Value of the Land
Unit 37 rent review recently completed at a rent equating to approximately £8 p.s.f.
4,904 sq ft on site area of approximately 0.25 acres
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
50
Auction
19th May 2016
Rent
£6,650 per Annum Exclusive
Status
Sold
Price
£205,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Highly Reversionary Freehold Industrial Ground Rent Investment

Let to C.J. De’ath Investments Limited
Important Reversion on expiry of ground rent lease in March 2026(Approximately 10 years unexpired)
Previous rent reviews in ground lease reviewed to Market Rental Value of the Land
Unit 37 rent review recently completed at a rent equating to approximately £8 p.s.f.
4,904 sq ft on site area of approximately 0.25 acres
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 50
Auction 19th May 2016
Rent £6,650 per Annum Exclusive
Status Sold
Price £205,000
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 Farrow & Ball.

Tenure

Freehold.

Location

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

Situation

Tenure

Freehold.

Description

The property comprises a warehouse building arranged on the ground floor only. The approximate site area is 0.25 acres.

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 a warehouse building arranged on the ground floor only. The approximate site area is 0.25 acres.

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	Reversion
Ground	Warehouse/ Ancillary	455.58 sq m	(4,904 sq ft)	C.J. DE’ATH INVESTMENTS LIMITED (t/a Farrow & Ball)	20 years from 01/04/2006 on a full repairing and insuring lease	£6,650 (1)	31/03/2026 (2)
Totals		455.58 sq m	(4,904 sq ft)			£6,650

(1) Previous rent reviews in ground lease to Market Rental Value of the Land.
(2) The ground lease expires in March 2026. A rent review on nearby Unit 37 was recently completed (September 2015) at a rent equating to approximately £8 p.s.f.