£195,000
(£121.65/sq. ft)
Industrial for sale38 Lagland Street, Poole BH15
1,603 sq. ft
Freehold
About this property
Annual Rental income of £13,250 per annum excl
Overall site area of approx. 0.023 hectares (0.058 acre)
Existing buildings being used for storage
For sale freehold
Description
The property comprises two single storey buildings of brick and blockwork construction with concrete floors. The front building has a single pitch tiled roof and the rear building has a flat corrugated cement sheet roof. Thefrontage of the property is set back from the pavement adjoining Lagland Street.
The front building comprises four rooms accessed from a central corridor and the rear building comprises four rooms each with external access. Both properties have fluorescent strip lighting and are currently being used for storage.
The front building has a central corridor containing a basic sink unit. Externally, there is a working outdoor WC.
The property has an overall site area of approx. 0.023 hectares (0.058 acre).
The property has potential for alternative uses (subject to necessary planning consents).
Location
The property has direct frontage to Lagland Street which connects with New Orchard and North Street in Poole town centre.
The property is within walking distance of all town centre facilities including Dolphin Shopping Centre and the Bus and Train stations.
Poole Quay is also within easy walking distance.
Services
We understand that mains water, electricity and drainage are available at the property.
Price
£195,000 exclusive. The property is not subject to VAT.
Tenure
For Sale Freehold subject to an existing Tenancy Agreement dated 21 January 2011 granted to Rawlins Davy Reeves at an annual rent of £13,250 per annum exclusive payable monthly in advance.
The Tenants have an internal repairing obligation only recorded by a photographic schedule. The Tenancy has a rolling 3 month break clause and falls within the Security of Tenure Provisions of the Landlord and Tenant act 1954 Part II.
Business Rates
The property has a current rateable value of £10,000 from 1 April 2023. However the rateable value from 1 April 2026 will be £12,000.
Aml
In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the tenant and any benificial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.
The property comprises two single storey buildings of brick and blockwork construction with concrete floors. The front building has a single pitch tiled roof and the rear building has a flat corrugated cement sheet roof. Thefrontage of the property is set back from the pavement adjoining Lagland Street.
The front building comprises four rooms accessed from a central corridor and the rear building comprises four rooms each with external access. Both properties have fluorescent strip lighting and are currently being used for storage.
The front building has a central corridor containing a basic sink unit. Externally, there is a working outdoor WC.
The property has an overall site area of approx. 0.023 hectares (0.058 acre).
The property has potential for alternative uses (subject to necessary planning consents).
Location
The property has direct frontage to Lagland Street which connects with New Orchard and North Street in Poole town centre.
The property is within walking distance of all town centre facilities including Dolphin Shopping Centre and the Bus and Train stations.
Poole Quay is also within easy walking distance.
Services
We understand that mains water, electricity and drainage are available at the property.
Price
£195,000 exclusive. The property is not subject to VAT.
Tenure
For Sale Freehold subject to an existing Tenancy Agreement dated 21 January 2011 granted to Rawlins Davy Reeves at an annual rent of £13,250 per annum exclusive payable monthly in advance.
The Tenants have an internal repairing obligation only recorded by a photographic schedule. The Tenancy has a rolling 3 month break clause and falls within the Security of Tenure Provisions of the Landlord and Tenant act 1954 Part II.
Business Rates
The property has a current rateable value of £10,000 from 1 April 2023. However the rateable value from 1 April 2026 will be £12,000.
Aml
In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the tenant and any benificial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.
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Monthly repayment
£975 per month
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