357 Wimborne Road
Winton
Bournemouth
BH9 2AD

Freehold Retail Investment

  • Let to MIND (The National Association for Mental Health) until 2025 on a reversionary lease (no breaks)
  • Prime retail location on Wimborne Road
  • Includes a yard at the rear with parking for three cars
  • Neighbouring occupiers include Waitrose, WH Smith, Boots, Greggs, Lidl, Halifax and Poundland
  • Lot
    1
  • Auction
    26/Mar/2020
  • Rent
    £19,500 per Annum Exclusive
  • Status
    Available
  • Price*
    Contact Us
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN
  • 357 Wimborne Road<br>Winton<br>Bournemouth<br>BH9 2AD
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* More information on the term "price" can be found here

Property Information

Location
Miles
5 miles east of Poole
33 miles south-west of Southampton
40 miles south-west of Winchester
Roads
A338, A31, M27, M3
Rail
Bournemouth Train Station
Air
Bournemouth Airport, Southampton Airport,
Bristol Airport
Situation

The property is prominently located in a prime retail area on the east side of Wimborne Road, approximately 2 miles north of Bournemouth town centre. Neighbouring occupiers include Waitrose, WH Smith, Boots, Greggs, Lidl, Halifax and Poundland.

Tenure

Freehold.

Description

The property comprises ground floor retail accommodation with a former flat on the first floor currently used as storage. The property benefits from a yard at the rear with parking for three cars.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C. See legal pack at acuitus.co.uk.

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReversion
Ground
First
Retail
Storage
64.4 sq m
35.30 sq m
(693 sq ft)
(380 sq ft)
MIND
(THE NATIONAL
ASSOCIATION FOR
MENTAL HEALTH)
5 years from 24/06/2020
on a reversionary full
repairing and insuring
lease
£19,50023/06/2025
Total
99.70 sq m
(1,073 sq ft)
  £19,500 

(1) For the year ending 31st March 2019, Mind (The National Association for Mental Health) reported a pre-tax profit of £1,315,000 and a total net worth of £19,287,000 (Source: Experian Group 14/02/2020).

If you are the successful bidder Acuitus requires a separate payment of £500 plus VAT (£600 inclusive of VAT) buyer's administration charge payable to Acuitus Limited

Property Documents

  • Solicitors Legal Pack
    Updated Date
    19.03.20
    File Size
    10 MB
    Login to View
  • Site Plan
    Updated Date
    04.03.20
    File Size
    638 KB
    View PDF
  • Catalogue Page
    Updated Date
    04.03.20
    File Size
    638 KB
    View PDF
  • Common Auction conditions
    Updated Date
    19.09.19
    File Size
    150 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    19.09.19
    File Size
    36 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44 (0)20 7034 4854billy.struth@acuitus.co.uk
Associate Auctioneers
Cliffe - Roberts Limited 1 Fernacre Business Park, Budds Lane
Romsey
SO51 0HA
Peter Cliffe-Roberts 01794 521 484peter@clifferoberts.com
Seller's Solicitors
Stillwells Solicitors 6 Carlton Crescent
Southampton
SO15 2EY
Karl Reynolds 023 8071 7174kr@stillwellslaw.co.uk

Useful Links

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