Commercial development for sale
Property description & features
- Tenure: Freehold
- For Sale Freehold
- Ground Floor income producing
- Upper floors vacant with development potential
- Two off road parking spaces
The ground floor is self-contained and operates as a Thai restaurant with 24 covers. The ground floor contains a bar/servery, store room, two toilets and a kitchen at the rear. The premises have a combination of plastered and artex ceilings, spot lighting and a tiled floor.
A separate entrance directly from Poole High Street provides access to the upper floors. The first and second floors have most recently been used as office premises and comprise a combination of open plan accommodation and separate rooms. There is a kitchen and toilet facilities on the first floor with a further room on the second floor. The specification includes a combination of suspended and artex ceilings, fluorescent lighting, timber effect flooring and carpeting. There is no heating in the premises.
Externally, there are two off road parking spaces provided at the rear of the property.
The property is located at the lower end of Poole High Street close to its junction with Castle Street and New Street and within easy access to Poole Quay. The High Street connects into Old Orchard and the pedestrianised section of Poole High Street. The Dolphin Shopping Centre is within easy walking distance and Poole train and bus stations are half a mile away.
The accommodation comprises the following areas:
The property is available for sale freehold subject to an existing lease of the ground floor.
The ground floor is subject to a lease granted from 1st June 2023 for a term of 6 years at a rent of £12,750 per annum exclusive. The lease contains a Tenant break option and a rent review at the end of the third year of the term.
Offers in excess of £250,000 exclusive.
Ground Floor - £10,500
First & Second Floors - £7,100
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