A Grade II listed Freehold building occupying a prominent position on High Street which comprises a ground floor retail unit of approx. 5,702 Sq Ft (503 Sq M) which is let subject to a commercial lease for a term of 3 years from 22nd September 2020 at a rent of £10,000 per annum, the tenant of which is holding over.
The first and second floor comprises a five bedroom HMO which has recently undergone a comprehensive refurbishment which is subject unknown tenancies, believed to be AST’s which we understand to produce £26,750 pa when fully let. We have been advised that room 2 is currently vacant.
The property occupies an excellent and highly visible position fronting the High Street in Poole’s Old Town, within very close proximity to the quayside.
The Old Town and Quay are popular tourist destinations with many attractions including Poole Museum as well as many shops, restaurants, bistros and public houses. The property can also be accessed from Strand Street via Dennetts Lane to the rear.