Retail premises for sale19-21 Salisbury Street, Blandford Forum, Dorset DT11
Local area information
- Priory Blandford Camhs 0.4 miles
- The Blandford School 0.5 miles
- Poole Ferry Terminal 12.7 miles
- Poole Quay Ferry Landing 12.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Guide Price £345,000 subject to contract
- Total income of £26,166 per annum
- Two residential ground rents totalling £500 per annum
- Situated in attractive market town
- Development potential at the rear (STP)
Blandford Forum is a popular Georgian market town located approximately 20 miles north west of Bournemouth and 25 miles south west of Salisbury. The town offers good shopping facilities featuring a broad range of both independent and multiple retailers.
Major names represented in central Blandford include Marks & Spencer Simply Food, Morrisons, wh Smith, Boots, M &Co, Costa, Specsavers & Holland & Barrett amongst others.
The subject property is a Grade II listed building arranged over 3 floors along the west side of Salisbury Street comprising of two ground floor commercial units and two sold off long-leasehold flats within the upper parts.
At the rear of the property there is a car park which is let on temporary licenses and a substantial plot as illustrated by the title plan, which could be further developed subject to planning, no enquiries have been made surrounding rights of way over this land to adjoining properties.
Commercial: No. 19 - Sales Area - 37 sq m (398 sq ft)
Commercial: No. 20 - Sales Area - 133.40 sq m (1,436 sq ft)
Rateable Value No. 19 £7,700 & No. 21 £11,200
Source The 2023/2024 small business multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.
£299,000 subject to contract for the freehold interest subject to subsisting tenancies
Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, café, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.
Asset Rating - No. 19 - D80
No. 21 - E125
Mixed Use Investment Opportunity in Popular Market Town
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