382 Ashley Road, Poole

GBP 350,000
For Sale

Property Details

Property Type

Ask agent

Description

Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A

Key Features: • High Yielding Retail Investment • Let to Peacocks Stores Properties Limited • Five Year Lease Expiring 28/03/2027 • Long Standing Occupier of 15+ Years • 2025 Break Option Not Exercised • Investment Let at £45,000 p.a. (12.85% GIY on Guide Price)

Location: • Nearest Station: Parkstone Station • Distance to Station: 0.6 miles

Agent Information: • Address: 33 Margaret Street, London, W1G 0JD

Full Description: The property comprises a high yielding retail investment let to Peacocks, an established High Street retailer.Arranged across ground and first floors, the property is fully let to Peacocks Stores Properties Limited on a five year lease expiring 28/03/2027 and paying £45,000 per annum.The tenant is a long standing occupier, having been in occupation for more than 15 years, and did not serve their 2025 break option, displaying confidence in the location.The double-fronted unit occupies a prominent pitch with a frontage to Ashley Road; an arterial route and the principal retail amenity for Parkstone, an affluent Poole suburb. The street features a variety of local and national retailers, including Iceland, Greggs and Waitrose.

Location

Address

382 Ashley Road, Poole

City

Poole

Features and Finishes

High Yielding Retail Investment, Let to Peacocks Stores Properties Limited, Five Year Lease Expiring 28/03/2027, Long Standing Occupier of 15+ Years, 2025 Break Option Not Exercised, Investment Let at £45,000 p.a. (12.85% GIY on Guide Price)

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