139-141 High Street, Poole, BH15 1AS

Summary

The property comprises a substantial three storey mixed use premises, comprising 2 ground floor shops with 7 flats above. The buildings are not listed by Historic England but are located within the Poole Town Conservation Area and are locally registered as Heritage Assets.

139 High Street with Flats 1-3, 14 Globe Lane, Poole

A mid-terrace, mixed use property with a ground floor retail unit and three residential flats on the first and second floors. The shop has direct High Street frontage. Built circa 1921 of brick construction under pitched tiled
roof.

The specification of the shop includes a suspended ceiling with inset modular lighting and air conditioning. A partitioned store room and disabled WC are also provided along with an office and kitchenette. The property also benefits from rear loading and allocated parking with the potential to park two cars.

Flats 1-3 are arranged over the first and second floors above 139 High Street, accessed from the rear off Globe Lane. They comprise one studio flat and two large one bedroom flats.

141 High Street with Flats 1-4, Post Office Lane

141 High Street is a large end of terrace mixed use property comprising a ground floor retail unit with four residential flats above, arranged over the first and second floors. We understand this ornate building dates from the Victorian period.

The ground floor commercial unit was until recently occupied by a Taco Bell restaurant and still includes much of their fit out, including suspended ceilings with inset modular and pendant lighting, air conditioning and
powered internal security shutters, kitchen/food preparation area together with cloakrooms and storage areas.

Flats 1-4 arranged on the first and second floors above 141 High Street are accessed from a self-contained entrance on Post Office Lane. The flats were subject to a comprehensive refurbishment in 2016 and comprise a studio flat and three one bedroom flats.

Gross income currently receivable is £80,858 per annum.

Gross potential income is £110,858 per annum (following the letting of 141 High Street).

Key Points

Price Guide

Offers are invited in excess of £1,000,000 exclusive.

VAT

We understand the property has not been elected for VAT purposes.

Legal Costs

Each party to be responsible for their own legal costs involved in the transaction.

AML

A successful bidder will be required to satisfy all Anti Money Laundering requirements when Heads of Terms are agreed.

Location