43B East Street
Ref 8700
Address 43B East Street, Blandford Forum, Dorset, DT11 7DX
Property type E - Retail, E - Other
Size 9,817 Sq Ft
Leasehold £75,000 - £75,000
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.
- Landmark Property with 40' Double Frontage
- Strong Town Centre Location
- Space Arranged Mostly Over Ground Floor
- 70 Space Income Generating Car Park at Rear
- Good Rear Loading Facilities
- Total Net Internal Area - 9,817 Sq. Ft. (912 Sq. M.)
- Available on a new lease at a rental of £75,000 per annum, exclusive