44-48 East Street Blandford Forum Dorset DT11 7DR

44-48 East Street
Blandford Forum
Dorset
DT11 7DR

Freehold Retail Investment

Let to Specsavers Optical Superstores Limited until June 2032 (no breaks)
Approximately 2,826 sq ft
Prominent position in historic and affluent Dorset market town
Nearby occupiers include Marks & Spencer Simply Food, Iceland, Boots the Chemist, Holland & Barrett, WHSmith, Costa and Domino's
VAT-free investment

Lot
19
Auction
9th July 2024
Rent
£43,000 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
Live Streamed Auction

Important Update Interested?

Expand
Photos
Map

Freehold Retail Investment

Let to Specsavers Optical Superstores Limited until June 2032 (no breaks)
Approximately 2,826 sq ft
Prominent position in historic and affluent Dorset market town
Nearby occupiers include Marks & Spencer Simply Food, Iceland, Boots the Chemist, Holland & Barrett, WHSmith, Costa and Domino's
VAT-free investment

Lot 19
Auction 9th July 2024
Rent £43,000 per Annum Exclusive
Status Sold Prior
Price
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 14 miles north-west Poole, 19 miles north-west of Bournemouth, 24 miles south-west of Salisbury
Roads: A31, A35, A350, A354
Rail: Poole Railway Station
Air: Bournemouth Airport

Situation

The property is located on the north side of East Street, close to its junction with Sheep Market Hill, in the heart of the town centre. Nearby occupiers include Marks & Spencer Simply Food, Iceland, Boots the Chemist, Holland & Barrett, WHSmith, Costa and Domino's and a number of independent and local traders.

Tenure

Freehold.

Location

Miles: 14 miles north-west Poole, 19 miles north-west of Bournemouth, 24 miles south-west of Salisbury
Roads: A31, A35, A350, A354
Rail: Poole Railway Station
Air: Bournemouth Airport

Situation

Tenure

Freehold.

Description

The property comprises an optician arranged on the ground, basement and first floors. The property also benefits from the right to use 5 car parking spaces in the rear car park.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band B

Description

The property comprises an optician arranged on the ground, basement and first floors. The property also benefits from the right to use 5 car parking spaces in the rear car park.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band B

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Rent Review
Ground First	Retail/Ancillary Ancillary	225.84 36.69	(2,431) (395)	SPECSAVERS OPTICAL SUPERSTORES LIMITED (1)	15 years from 09/06/2017 on an effectively full repairing and insuring lease	£43,000	09/06/2027
Total		262.53	(2,826)			£43,000

(1) For the year ending 28/02/2023, Specsavers Optical Superstores Limited reported Turnover of £3,426,710,000, Pre-Tax Profit of £327,774,000, Net Worth of £260,627,000 (www.northrow.com)

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.