Ground Floor 9-11, Salisbury Street
Ref 7089
Address Ground Floor 9-11, Salisbury Street, Blandford Forum, Dorset, DT11 7AU
Property type Investment - Retail
Size 1,241 Sq Ft
Freehold £225,000
Blandford is situated between Cranborne Chase and the Dorset Downs, to the south east of the Blackmore Vale, 13 mi (21 km) northwest of Poole and 22 mi (35 km) southwest of Salisbury. It is sited in the valley of the River Stour, mostly on rising ground northeast of the river, but with some development south of the river at Blandford St Mary. The A354 Salisbury Road connects Blandford Forum to the City of Salisbury and the A350 connects towards Poole. Blandford's retail offering predominantly comprises of two principle trading areas, Salisbury Street and East Street each boasting a mix of independent and national retailers. The subject property is situated in a prime trading position on Salisbury Street with nearby national occupiers including Costa, Subway and Boots Pharmacy. There are a number of public car parks within walking distance of the subject property. The building comprises an attractive Grade ll Listed three storey mixed use property constructed of red brick under a pitched roof with sash windows. The ground floor comprises two retail units with traditional shop frontage and modern plate glass with recessed doorways, separated by doorway providing street level access to the residential apartments. The upper parts have been sold off on a freehold basis. The ground floor will benefit from a new 999 Long Leasehold interest.
- Attractive market town
- 2 x Retail units
- Peppercorn Ground Rent
- Can be acquired individually or together
- 999 Long Leasehold
- Combined rent of £17,500 PAX
- Unit 9 £105,000 LLH
- Unit 11 £110,000 LLH