Property description
Investment premises comprising the entire ground floor and basement of a retail shop situated in a prime position in the commercial centre of Swanage approximately 100m from the seafront. The building was constructed around the turn of the 20th Century and is held on a 999 year lease. The premises have been let on a business lease from the 12th April 2011 until the 11th April 2021 at a rental of £12,000pa, which is subject to review this year. A copy of the business lease is available for inspection by genuine applicants upon request.
The premises are offered for sale by tender (unless sold previously) and interested applicants are requested to submit their best bids in a sealed envelope, clearly marked tender for 3 Institute Road, Swanage, by no later than 12 noon Friday 27th May 2016. Tender forms are available upon request from our office. The sellers reserve the right not to accept the highest or indeed any offer.
ACCOMMODATION
MAIN SHOP AREA 9.14m x 5.66m plus small recess (29’11” x 18’6’ plus small recess) (51.7m2), West, glazed entrance door, large display window, staircase to lower ground floor.
OFFICE/STORE ROOM 5.22m narrowing to 3m x 4m max (17’1” narrowing to 9’10” x 13’1” max), East.
COVERED REAR COURTYARD (used as storage), 5.27m x 2.7m (17’3” x 8’10”), WC leading off, pedestrian access to rear service lane.
LOWER
GROUND FLOOR
BASEMENT 8.85m x 6.5m (29’ x 21’3”).
SERVICES Mains water, drainage and electricity.
VIEWING By appointment only please through the Agents, Corbens, 01929 422284.
IMPORTANT NOTE Interested applicants are specifically requested not to view the premises. Any questions concerning the property can be directed to the Agents.
LOCATION PLAN (for identification purposes only) Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. Crown Copyright reserved. Should you be using satellite navigation to find this property, the correct postcode is BH19 1BT.