INDUSTRIAL INVESTMENT FOR SALE IN POOLE – 215 HAYMOOR ROAD
The property is located on Haymoor Road, accessed from Ringwood Road (B3068) which provides excellent transport links within and beyond the conurbation. The property is set within an industrial location with mixed uses including; retail warehouses, storage and trade counter operators.
The property is constructed by means of a steel frame with brick and part rendered elevations under a dual pitch roof. A two-storey office section with brick and rendered elevations provides a personnel entrance, WC’s, kitchen and offices.
The premises provide the following specification:
- Suspended ceiling
- Painted concrete floor
- Trade counter with separate entrance
- UPVC double glazed windows
We have calculated the approximate gross internal area to be:
Ground – 467.57 sq m (5,032.89 sq ft)
First – 53.06 sq m (571.13 sq ft)
Whole – 520.63 sq m (5,604.02 sq ft)
The property is let to Plumbstop Ltd on a 15 year internal repairing and insuring (IRI) lease with effect from 1st July 2010 at a passing rent of £26,500 per annum exclusive.
The Landlord is responsible for maintaining the exterior of the premises including the roof and decoration. The Lessee’s repairing obligation is limited by means of schedule of condition. The Lease includes tenant only break options at the fifth and tenth anniversaries, along with the opportunity to review the rent at every fifth anniversary.
Plumbstop were incorporated in 1991 and had a turnover of c. £22.6 Million and profit in the region of £1 million for the year ending December 2016. We are verbally informed Plumbstop have 17 branches, with approximately 100 employees.
Freehold subject to the existing lease to Plumbstop Ltd.
Offers are invited on an unconditional basis for the sale of the freehold interest.
In the region, or in excess of £450,000 exclusive.
An Energy Performance Certificate has been commissioned and is awaited.
We are verbally informed that the property has a rateable value of £21,250. The Rates Payable will be determined by the Uniform Business Rate Multiplier which is set by the Government annually.
Rates payable may also be subject to transitional or small business rates relief and interested parties are therefore encouraged to contact the Local Rating Authority