118 High St Local commercial 593 m² À vendre Poole BH15 1DF 667 656 € (1 125,90 €/m²)

We are instructed to seek offers in the region of £575,000 (Five Hundred and Seventy Five Thousand Pounds) exclusive. The property is freehold, subject to an occupational lease to The Entertainer (Amersham) Limited. The rear part of the building is subject to a long leasehold interest.
The retail unit is let to The Entertainer (Amersham) Limited on a 6 year effective full repairing and insuring lease from 28/01/2022, subject to an open market rent review on 28/01/2027, at a current passing rent of £50,000 per annum exclusive.
The property comprises an attractive two storey building with rear loading access. The retail unit comprises accommodation on ground floor and part first floor. The ground floor is arranged with a large open plan sales area with rear ancillary accommodation and loading access. A stock room is situated on part of the first floor. A separate vacant area is located on the first floor towards the front of the building with direct access to the High Street via an internal stairwell. The space is provided in shell condition and is potentially suitable for conversion to residential use or, alternative commercial uses (office, studio etc), subject to the necessary consent. A previous planning consent (now expired) achieved a change of use for two 1x bed flats of this area. The application also incorporated the separate space at the rear of the property retained on a Long Lease (7 flats in total) The rear part of the building comprises additional void space but is subject to a Long Leasehold interest.
The property is situated in a prime location fronting Poole’s pedestrianised High Street, between Lagland Street and Chapel Lane. The Chapel Lane public car park is located directly to the rear of the property whilst the Dolphin Shopping Centre is also within close proximity. Nearby occupiers include The Works, Robert Dyas, Santander, Mountain Warehouse, Nationwide, Savers, CEX and Bon Marche.