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Street 43 East St 5,877 sq ft of Retail Space Available in Blandford Forum DT11 7DX
HIGHLIGHTS
- Space Arranged Mostly Over Ground Floor
- 70 Space Income Generating Car Park at Rear
- Landmark Property with 40' Double Frontage
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| Ground | 5,877 sq ft | Negotiable | £12.76 /sq ft pa £1.06 /sq ft pcm £75,000 pa £6,250 pcm | Fully Repairing & Insuring |
Ground
A new full repairing and insuring lease is available at a commencing rent of £75,000 per annum, exclusive. The lease will incorporate upwards only rent reviews every 5 years.
- Use Class: E
- Partially Fit-Out as Standard Retail Unit
- Located in-line with other retail
- Kitchen
- Security System
- Secure Storage
- Energy Performance Rating - D
- Exclusive WC facilities
- Yard
- Good Rear Loading Facilities
- Strong Town Centre Location
- Substantial retail showroom with ancillary space
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 5,877 sq ft | Net Internal Area (NIA) | 9,817 sq ft |
| Property Type | Retail | Year Built | 1900 |
| Total Space Available | 5,877 sq ft |
| Property Type | Retail |
| Net Internal Area (NIA) | 9,817 sq ft |
| Year Built | 1900 |
ABOUT THE PROPERTY
Substantial Retail Showroom with Ancillary Space at Ground and First Floor. 70 Space Rear Car Park Benefitting the Unit. 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, Costa, Specsavers & Holland & Barrett amongst others. The subject premises occupy a central location in the town centre fronting East Street where numerous retail, catering and professional services businesses will be found. The town centre is well served by public car parks. East Street traders also benefit from roadside parking (subject to daytime waiting restrictions) DESCRIPTION A substantial retail showroom with ancillary space at both ground and first floors. The premises benefit from a large car park of around 70 spaces to the rear. This is currently sublet to a specialist pay and display parking operator which subsidises the tenant's rent, we understand it generates an income for the tenant of around £9,000 per annum based on the current 50/50 revenue share arrangement. The operator has expressed an interest in continuing the arrangement with a view to increasing income through use of ANPR technology. We believe that this sublet arrangement could be improved upon to further supplement the tenant's turnover.
NEARBY MAJOR RETAILERS
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Street | 43 East St
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