East Street, Blandford Forum
- Investment Opportunity
- Ground Rents & Rental Income
- Central location
Property Summary* * INVESTMENT OPPORTUNITY * * ~ A Freehold Grade II Listed Building consisting of a lock up ground retail shop and the freehold ground rents of 4 leasehold flats producing a combined annual income of £12,400. Shop: EPC Band: C
DESCRIPTION * * INVESTMENT OPPORTUNITY * * ~ A Freehold Grade II Listed Building consisting of a lock up ground floor retail shop and the freehold ground rents for 4 leasehold flats producing a combined annual income of £12,400. The ground floor shop has been let for a term of 10 years from 2017 @ a current rent of £12,000 with a 5 year break clause. The freeholder also receives the ground rents for 4 1 bedroom flats with leases of 99 years from 2003 @ £100 p.a. per flat.
LOCATION: Blandford Forum is a thriving Georgian market town situated on the River Stour in the heart of Dorset surrounded by open countryside. It offers a good range of shopping, commercial and sporting facilities, there is also a regular bus service to the larger towns of Poole, 15 miles, Bournemouth, 22 miles and Salisbury, 22 miles all with main line stations to London Waterloo.
The coast is easily accessible with the famous Dorset Jurassic Coast and Poole Harbour both just a 45 minute drive away.
ADD INFO Services: Mains Water, Electricity & Drainage.
Council Authority: North Dorset District Council - Tel: 01258 454111
Council Tax Band: All flats rated: A ~ Shop Business Rateable £13,250
Caution: NB All services and fittings mentioned in these particulars have NOT been tested and hence we cannot confirm that they are in working order.
Energy Performance Certificates:
Rated: Star House Shop: C ~ View at www.chaffersestateagents.co.uk