Industrial Unit FOR SALE in Wareham – Unit 6 Westminster Road
Unit 6 Westminster Road, Wareham, Dorset BH20 4SW

£295,000· Industrial · Investment · Freehold
Under offer

Property Details

Industrial Unit FOR SALE in Wareham

LOCATION

The historic town of Wareham is situated approx. 10 miles to the south-west of Poole and with
access from the A35 (east-west corridor) via the A351.  Westminster Road is one of Wareham’s main industrial areas situated on the north-western side of the town centre.

The property is situated at the southern end of Westminster Road.

The property has mainly brick elevations, with a two storey office section at the front and
industrial area behind.

 

DESCRIPTION

One of a pair of industrial units. The unit is attached to Unit 7 Westminster Road which is in
separate ownership but let to the same tenant.

The building has side loading access with parking at the front.

Internal eaves height (industrial section) approx. 4.2m.

Total Gross Internal Floor Area approx. 885.5 sq m (9,532 sq ft).

 

TENURE

Let to Daler-Rowney Ltd under a Lease dated 15 July 2015 granted for a term commencing 15 July 2015 and expiring 14 February 2022. The passing rent is £39,900 per annum exclusive subject to upwards only rent review at 5 December 2018. The Lease contains an outstanding Tenant break option at 5 December 2019 which may be operated upon service of not less than 6 months’ prior written notice.

The Tenant is responsible for maintaining the property in good repair and condition (subject to a schedule of condition) and subject to the Landlord being responsible for keeping the roof wind and water-tight. The Landlord is not, however, responsible for replacing the roof.

 

PRICE GUIDE

£350,000. The property is not opted for VAT.

 

EPC
The property has an EPC rating of D – (87).

A copy of the full report is available on request.

 

TENANT

Daler-Rowney Ltd is an established company originally founded in 1783 involved with manufacture and distribution of artists materials. Daler-Rowney Ltd was sold to FILA Group, a Milan-listed producer of writing instruments and art supplies, in February 2016.

Additional details

  • Tenure: Freehold

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