140 High Street Poole Dorset BH15 1DN

  • 140 High Street<br>Poole<br>Dorset<br>BH15 1DN

140 High Street
Poole
Dorset
BH15 1DN

Freehold High Street Retail Investment

  • Let to A-Plan Holdings (t/a Howden) until 2027
  • Tenant reported a turnover of £144,626,552, pre-tax profits of £37,517,361 and a total net worth of £116,093,782
  • Prominent Location on Pedestrianised High Street
  • Close to The Dolphin Shopping Centre and Pool Railway Station
  • Nearby occupiers including Sports Direct, Poundland, Sainsbury's, Holland & Barrett, Primark, Boots, Superdrug and JD Sport
  • Lot
    23
  • Auction
    9th May 2024
  • Rent
    £48,100 per Annum Exclusive
  • Status
    Available
  • Guide*
    Contact Us
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

Freehold High Street Retail Investment

  • Let to A-Plan Holdings (t/a Howden) until 2027
  • Tenant reported a turnover of £144,626,552, pre-tax profits of £37,517,361 and a total net worth of £116,093,782
  • Prominent Location on Pedestrianised High Street
  • Close to The Dolphin Shopping Centre and Pool Railway Station
  • Nearby occupiers including Sports Direct, Poundland, Sainsbury's, Holland & Barrett, Primark, Boots, Superdrug and JD Sport
  • Lot 23
  • Auction 9th May 2024
  • Rent £48,100 per Annum Exclusive
  • Status Available
  • Guide* Contact Us
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
5 miles west of Bournemouth, 29 miles south-west of Southampton
Roads
A31, A35, M27
Rail
Poole Railway Station
Air
Southampton Airport
Situation

The property is situated in the Town Centre on the western side of the pedestrianised High Street, 100m from The Dolphin Shopping Centre with retailers such as Timpson, WHSmith, Sports Direct, Poundland, H&M, Holland & Barrett, Primark, Boots and JD Sport. Other neighbouring occupiers include Sainsbury's, JD Wetherspoon, Caffe Nero, Superdrug and Savers.

Tenure

Freehold.

Location
Miles
5 miles west of Bournemouth, 29 miles south-west of Southampton
Roads
A31, A35, M27
Rail
Poole Railway Station
Air
Southampton Airport
Situation

The property is situated in the Town Centre on the western side of the pedestrianised High Street, 100m from The Dolphin Shopping Centre with retailers such as Timpson, WHSmith, Sports Direct, Poundland, H&M, Holland & Barrett, Primark, Boots and JD Sport. Other neighbouring occupiers include Sainsbury's, JD Wetherspoon, Caffe Nero, Superdrug and Savers.

Tenure

Freehold.

Description

The property comprises retail accommodation on the ground floor and a self-contained residential maisonette on the first and second floors.

The residential upper parts have been sold off 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 retail accommodation on the ground floor and a self-contained residential maisonette on the first and second floors.

The residential upper parts have been sold off 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 sq m (1)
Floor Areas
Approx sq ft (1)
Tenant Term Rent p.a.x. Reversion
Ground Retail
169.70
(1,827)
A-PLAN HOLDINGS (t/a Howden)(CRN: 00750484)(2) 17 years from
13/04/2010
£48,000
29/05/2027
First
Second
Residential
Residential
Maisonette
(-)
AN INDIVIDUAL 125 years from 24/06/2008
£100 (3)
23/06/2133
Total Approximate Commercial Floor Area  
169.70
(1,827)
   
£48,100
 

(1) The floor areas stated above have been taken from the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/valuations/start/116792172)
(2) For the year ending 30/09/2022, A-Plan Holdings reported a turnover of £144,626,552, pre-tax profits of £37,517,361 and a total net worth of £116,093,782 (Northrow: 18/04/2024)
(3) The rent will rise by £100 every 25 years, with the next increase on 24/06/2033

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    03.05.24
    File Size
    12 MB
    Login to View
  • Brochure
    Updated Date
    10.05.24
    File Size
    4 MB
    View PDF
  • Common Auction conditions
    Updated Date
    20.05.24
    File Size
    620 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Seller's Solicitors
Blackstone Solicitors The Courtyard , 7 Francis Grove, Wimbledon
London
London
SW19 4DW
Fraz Hussain 020 8971 9520f.hussain@blackstonesolicitors.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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