Retail Premises To Let, 9-11, Salisbury Street, Blandford Forum, DT11 7AU

Description

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 apartments comprise 1 x 2 bedroom at ground floor, 1 x 2 and 1 x 1 bedroom at first floor and 1 x 2 bedroom to second. Totaling 3 x 2 bedroom and 1 x 1 bedroom. All apartments were renovated in the last 3 years and are found in excellent condition. Externally, the apartments benefit from a large raised courtyard which is laid to shingle and provides a bin store area.

Accommodation

Commercial sq.m sq ft ITZA
9 Salisbury Street 55.9 602 310
11 Salisbury Street 59.4 639 330

Residential Bedrooms sq.m sq. ft
Flat 1 1 57 613
Flat 2 2 63 678
Flat 3 2 71 764
Flat 4 2 89 958

Planning

We understand that the residential dwellings falls within class C3 and the retail within A1 of the Use Classes Order 1987. Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues.

EPC Text

Asset Rating - 9 Salisbury Street D85
11 Salisbury Street D94

Rating

Rateable Value 9 Salisbury Street - £XXX
11 Salisbury Street - £XXX
Source www.voa.org.uk

Terms

The property is available freehold subject to the benefit of the existing lease and AST agreements at a guide price of £XXX A purchase at this level reflects a Gross Yield of 6.6% and a Net Yield of 6.3% subject to purchasers costs at 4.8%
( Agency Pilot Software Ref: 6071 )