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
    9
  • Auction
    21/May/2020
  • Rent
    £19,500 per Annum Exclusive
  • Status
    Contact Us
  • Price*
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Auction & Property Update
  • 357 Wimborne Road<br>Winton<br>Bournemouth<br>BH9 2AD
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  • Photos
  • Map

* 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.

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
£19,500 (2)23/06/2025
Total
99.70 sq m
(1,073 sq ft)
  £19,500 (2) 

(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).
(2) The tenant is currently paying the rent monthly.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    10.05.20
    File Size
    10 MB
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  • Catalogue Page
    Updated Date
    01.05.20
    File Size
    636 KB
    View PDF
  • Site Plan
    Updated Date
    01.05.20
    File Size
    425 KB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    20.05.20
    File Size
    694 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 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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