Let to Tesco Stores Limited until July 2032 (no breaks)
Affluent Bournemouth and Poole suburb
Well configured convenience store with customer parking
Site area of Approx. 0.10 Hectares (0.24 Acres)
Low site coverage of 21%
Nearby occupiers include Boots, Costa Coffee, Co-op Food and Lloyds Pharmacy.
Lot 1
Auction 16th July 2026
Rent £33,000 per Annum Exclusive
Status Available
Guide* £425,000 - £450,000
Sector Convenience Store
Auction Venue Live Streamed Auction
Property Information
Location
Miles
12 miles north of Bournemouth, 18 miles south-west of Southampton, 95 miles south-west of London
Roads
A31, A338, M27
Rail
Bournemouth Railway Station, Christchurch Railway Station
Air
Bournemouth Airport, Southampton Airport
Situation
Verwood is an affluent and attractive suburb of Bournemouth and Poole. The property is situated in a prominent position on Ringwood Road, directly opposite the popular Verwood Memorial Playground. Nearby occupiers include Boots, Costa Coffee, Co-op Food and Lloyds Pharmacy.
Tenure
Freehold.
Location
Miles
12 miles north of Bournemouth, 18 miles south-west of Southampton, 95 miles south-west of London
Roads
A31, A338, M27
Rail
Bournemouth Railway Station, Christchurch Railway Station
Air
Bournemouth Airport, Southampton Airport
Situation
Verwood is an affluent and attractive suburb of Bournemouth and Poole. The property is situated in a prominent position on Ringwood Road, directly opposite the popular Verwood Memorial Playground. Nearby occupiers include Boots, Costa Coffee, Co-op Food and Lloyds Pharmacy.
Tenure
Freehold.
Description
The property, a substantial mixed use modern building comprising a self contained convenience store on the ground floor and 5 self-contained residential flats on the first floor.
The property benefits from a site area of 0.10 Hectares (0.24 Acres) accommodation and a car park.
VAT
VAT is applicable to this lot.
EPC
Retail Unit: Band B.
Description
The property, a substantial mixed use modern building comprising a self contained convenience store on the ground floor and 5 self-contained residential flats on the first floor.
The property benefits from a site area of 0.10 Hectares (0.24 Acres) accommodation and a car park.
VAT
VAT is applicable to this lot.
EPC
Retail Unit: Band B.
Tenancy & Accommodation
Floor
Use
Floor Areas sq m
Floor Areas sq ft
Tenant
Term
Rent p.a.x.
Rent Review (Reversion)
Ground
Convenience Store/Ancillary
202.70 (1)
(2,181)
TESCO STORES LIMITED (CRN 00519500) (2)
15 years from 16/07/2017
£32,000
16/07/2027 (15/07/2032)
First
Flat 1
-
-
INDIVIDUAL
99 years from 07/07/2017
£200
07/07/2042 (06/07/2116)
First
Flat 2
-
-
INDIVIDUAL
99 years from 12/08/1992
£200
12/08/2042 (11/08/2091)
First
Flat 3
-
-
INDIVIDUAL
99 years from 12/08/1992
£200
12/08/2042 (11/08/2091)
First
Flat 4
-
-
INDIVIDUAL
155 years from 12/08/1992
£200
12/08/2042 (11/08/2147)
First
Flat 5
-
-
INDIVIDUAL
99 years from 12/08/1992
£200
12/08/2042 (11/08/2091)
Total Approximate Commercial Floor Area
202.70
(2,181)
£33,000
(1) The floor areas stated above are those published by the Valuation Office Agency/HMRC (www.voa.gov.uk). (2) For the year ending 22 February 2025, Tesco Stores Limited (CRN 00519500) reported Revenue of £50,837,000,000, Pre-Tax Profits of £1,660,000,000 and Net Assets of £5,126,000,000. (Source: Directors' report and financial statements as published at Companies House 23/06/2026).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
