Sweet Pea Cafe Market Cross Sturminster Newton Dorset DT10 1AN

  • Sweet Pea Cafe<br>Market Cross<br>Sturminster Newton<br>Dorset<br>DT10 1AN

Sweet Pea Cafe
Market Cross
Sturminster Newton
Dorset
DT10 1AN

Freehold Retail and Residential Investment

  • Ground floor let on a new 5 year lease (subject to option)
  • Attractive Dorset Town
  • Nearby occupiers include Lloyds Bank and a number of independent retailers
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    60
  • Auction
    8th December 2016
  • Rent
    £7,125 per Annum Exclusive
  • Status
    Sold
  • Price
    £104,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of a Major Fund Manager
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Freehold Retail and Residential Investment

  • Ground floor let on a new 5 year lease (subject to option)
  • Attractive Dorset Town
  • Nearby occupiers include Lloyds Bank and a number of independent retailers
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 60
  • Auction 8th December 2016
  • Rent £7,125 per Annum Exclusive
  • Status Sold
  • Price £104,000
  • 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
23 miles north-west of Bournemouth, 31 miles south of Bath, 40 miles east of Southampton
Roads
A37, A350
Air
Bournemouth Airport
Situation

The property is located on the eastern side of Market Cross, close to its junction with Ricketts Lane, in the heart of Sturminster Newton town centre. Nearby occupiers include Lloyds Bank and a
number of independent cafés, restaurants and retailers. Church Street and Station Road car parks are located nearby.

Tenure

Freehold.

Location
Miles
23 miles north-west of Bournemouth, 31 miles south of Bath, 40 miles east of Southampton
Roads
A37, A350
Air
Bournemouth Airport
Situation

The property is located on the eastern side of Market Cross, close to its junction with Ricketts Lane, in the heart of Sturminster Newton town centre. Nearby occupiers include Lloyds Bank and a
number of independent cafés, restaurants and retailers. Church Street and Station Road car parks are located nearby.

Tenure

Freehold.

Description

The property comprises a ground floor café with a self contained flat at first floor which has been let on a long lease.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Description

The property comprises a ground floor café with a self contained flat at first floor which has been let on a long lease.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

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 Café/Ancillary
63.46 sq m
(683 sq ft)
 INDIVIDUAL (t/a Debbies Café) (1) 5 years from 05/10/2016 until
04/10/2021 on a full repairing
and insuring lease (2)		 £7,000 05/10/2019
First Residential
Not Measured
 RUSHAY DEVELOPMENTS LTD 125 years from 24/06/2006
until 23/06/2131		 £125 24/06/2021
and 15 yearly (3)
Totals  
63.46 sq m
(683 sq ft)
     £7,125  

(1) The tenant is due to take occupation imminently.
(2) The lease provides an option to determine on 05/10/2018.
(3) The rent reviews are linked to the Retail Price Index.

Contacts

Seller's Solicitors
Eversheds LLP 1 Callaghan Square
Cardiff
CF10 5BT 029 2046 4347
Rachel White 029 2047 7387RachelWhite@eversheds-sutherland.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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