37 East Street, Wimborne, Dorset BH21 1DU

> Ground Floor Commercial Retail Unit
> Adjacent To River Allen In Wimborne Town Centre
> Circa 550 Sq Ft With Courtyard Garden

Guide Price: £70,000 Plus

Description:

Lease Details

The Lease is dated 31st October 2006 for a term of 125 years from 31st October 2006.

Location

This ground floor commercial property sits adjacent to the River Allen in the heart of Wimborne town centre. The property would suit a specialised business or sole trader, with a Pay & Display Car Park less than 50 yards away. For many years the property was let to an Optician who has since retired and more recently a Hat and Suit Hire business.

Accommodation

GROUND FLOOR: Shop Front and Entrance, Display Area circa 150 sq ft, Middle Floor Area circa 150 sq ft, Kitchen, Rear Office circa 125 sq ft, Lobby with door to rear garden. OUTSIDE: The property has an enclosed rear courtyard garden with views of the adjacent River Allen.

Agents Note/Planning

(1) The property will fall into the new commercial class E from 1st September 2020. Given the location and the two residential apartments above, we feel that potential purchasers would be wise to make enquiries over the potential proposed changes in planning policy that may shortly allow for commercial properties to be converted into residential use. All buyers must satisfy their own enquiries over this prior to bidding and must not rely upon this guidance note as a statement of fact. (2) On the sale of the Leasehold Interest in the commercial property, the Freeholder intends to issue Section 5 Notices to enable the sale of the Freehold Interest in the building to commence. This may be of interest to any potential purchaser looking at the investment potential of the building.

Tenure

Leasehold. Remainder of a 125 Year lease dated from 31/10/2006

EPC Rating

G

Important Notice

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price. Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at. When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.