Two let retail units on Bournemouth's prime pedestrianised pitch
95a is let to Kanoo Travel Limited until 2024 (no breaks)
Adjacent to Dalkeith Shopping Arcade and multistorey car park
Nearby occupiers include Card Factory, Boots and Santander
Lot 30
Auction 13th July 2017
Rent £44,518 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
33 miles south-west of Southampton, 28 miles south of Salisbury, 40 miles south-west of Winchester
Roads
A338, A35, A31, M27, M3
Rail
Bournemouth Rail
Air
Bournemouth Airport
Situation
The property is located on the northern side of Old Christchurch Road on Bournemouth's prime pedestrianised retailing pitch. Adjacent to the property is Dalkeith Arcade, which houses Lidl, Wilko and a multi-storey car park providing parking for approximately 935 cars. Other nearby occupiers include Card Factory, Boots, Toni & Guy and Santander.
Tenure
Freehold.
Location
Miles
33 miles south-west of Southampton, 28 miles south of Salisbury, 40 miles south-west of Winchester
Roads
A338, A35, A31, M27, M3
Rail
Bournemouth Rail
Air
Bournemouth Airport
Situation
The property is located on the northern side of Old Christchurch Road on Bournemouth's prime pedestrianised retailing pitch. Adjacent to the property is Dalkeith Arcade, which houses Lidl, Wilko and a multi-storey car park providing parking for approximately 935 cars. Other nearby occupiers include Card Factory, Boots, Toni & Guy and Santander.
Tenure
Freehold.
Description
The property comprises two ground floor retail units with basement ancillary accommodation below unit 95. The first, second, third and fourth floors comprise 5 residential flats, which have been let on a long lease.
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 two ground floor retail units with basement ancillary accommodation below unit 95. The first, second, third and fourth floors comprise 5 residential flats, which have been let on a long lease.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
(1) Bonds is a flagship barber shop headed up the country's first qualified master barber. (Source: bondsbarbershop.co.uk 12/06/2017). The tenant did NOT exercise their March 2017 break option. (2) For the year ending 31st December 2015, Kanoo Travel Limited reported a turnover of £6,680,462, pre-tax profits of £26,147 and atotal net worth of £2,607,596 (Source: Experian Group Date 12/06/2017). An American Express franchise partner, the family owned Kanoo Travel Group is the largest travel company in the Middle East, with a team of travel specialists in over 180 offices in the region and over 200 offices worldwide. In Europe, Kanoo also operate a High Street Foreign Exchange business, with branches in most major cities in the UK (Source: www.kanootravel.co.uk 12/06/2017).