For Sale - Mixed Use Investment Property
East Street and Millstream Close Wimborne Minster, Dorset, BH21 1DX
Retail, office and restaurant One bedroom flat Part Listed Within a Conservation Area Current income £113,785 pa Available as a whole or in up to 3 parts Savills Southampton 2 Charlotte Place, Southampton S014 0TB
023 8071 3900 savills.co.uk
Ordnance Survey © Crown Copyright 2017. All rights reserved. Licence number 100022432. Plotted Scale - 1:175000
Location Wimborne Minster is a market town in East Dorset 5 miles north of Poole. The property is located on the south side of East Street and its junction with Millstream Close, in Wimborne town centre. East Street is located to the south east of the High Street.
Description The property comprises a number of buildings. Eastbrook House is on the corner of East Street and Millstream Close and comprises two ground floor retail units and a restaurant (40 East Street), with offices above. There are 4 further retail units fronting East Street (Numbers 41, 41a, 41b and 42) with a flat (40a East Street) above number 41 and upper floor offices at 41c East Street. 41c comprises first floor offices and attic storage and extends over 41a, 41b and 42.
Accommodation Scheme
M2
Sq ft
1 Eastbrook House (retail)
30.58
329
2 Eastbrook House (retail)
54.81
590
4 Eastbrook House (office)
54.38
585
5 Eastbrook House (office and stores)
82.81
891
40 East St Ground and first floor (restaurant)
107.12
1,153
41 East St (retail)
43.80
471.46
41a East St (retail)
33.76
363.39
41b East St (retail)
42.05
452.62
41c East St (office/stores)
146.64
1,578
Planning
Energy Performance Certificates (EPCs)
42 East St (retail)
46.47
500
Buildings 41a, 41b, 41c and 42 East Street are Grade II Listed and all the properties are within a Conservation Area.
Available on request.
Plus 40a East Street – 1 bedroom flat with lounge, kitchen and bathroom with a shower, WC and basin.
Business Rates A schedule of Rateable Values is available on request.
Tenure The properties are for sale freehold with the benefit of the leases described in the Tenancy Schedule.
Accommodation Next Review
Rent + Service Charge
30.11.20
30.08.18
£8,300
1 Eastbrook House
24.03.20
31.01.20
£7,900
Summerson
4 Eastbrook House
06.07.18
06.04.18
£6,680
Minster Designs
Room 1, 5 Eastbrook House
30.11.20
30.08.18
£1,500
Avencia
Room 2, 5 Eastbrook House
30.11.20
30.08.19
£3,100
Cloisters
Room 3, 5 Eastbrook House
08.05.19
08.03.19
Cloisters
Room 4, 5 Eastbrook House
08.05.19
08.03.19
£5,750
Cloisters
40 East Street
22.01.27
23.10.17
£16,795
40a East Street
Vacant
31.05.18
£8,340 ERV
Tickles & Co
41 East Street
31.05.18
01.03.18
£9,750
Pure Gas Heating Ltd
41a East Street
20.05.18
01.03.18
£7,800
Hungry Bird Store
41b East Street
30.04.20
31.01.20
£8,250
Reed
Room 1, 41c East Street
24.03.18
24.12.17
£4,000
Lawson
Room 2, 41c East Street
Periodic
23.03.18
£4,000
Martin
Room 3, 41c East Street
30.04.19
01.05.18
£2,030
DMWA
Room 4, 41c East Street
24.12.19
24.09.19
DMWA
Room 5, 41c East Street
24.12.19
24.09.19
£8,950
Portique
42 East Street
23.10.27
24.03.18
£10,640
Tenant
Property
Lease Expiry
Minster Designs
2 Eastbrook House
Tigerlilly
Rent Reviews
3 yearly
3 yearly
Total
£113,785 pa
Expressions of interest are invited in respect of the whole or in up to 3 separate lots. Lot 1: Eastbrook House/40 East Street Lot 2: 40a and 41 East Street Lot 3: 41 a, b and c and 42 East Street Guide price on application.
Legal Costs
Viewing and further information
Each party to be responsible for its own legal costs in respect to the transaction.
Viewings are strictly by appointment with the agents. For viewings and further information please contact Martin Hastelow on 023 8071 3900,
[email protected] Important Notice Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 | December 2017