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8 Holes Bay Park | Sterte Avenue West | Poole | Dorset | BH15 2AAFOR SALE INDUSTRIAL & OFFICE INVESTMENT
01202 558 262cowlingandwest.co.uk
• Income producing investment on an established commercial development.• Longstanding tenants (Intergage -12 years, Anglebury Press - 6 years).• Accommodation fitted out to a high quality.• For sale freehold.
Description Tenant Area (Sq Ft) Area (Sq M)
Ground Floor Anglebury Press Limited 3,913 363.5
First Floor Intergage Limited 3,588 333.3
Total 7,501 396.8
LOCATION
Holes Bay Park is an established commercial development located on the outskirts of Poole town centre. The scheme is located on Sterte Avenue West, which provides direct access to the A350 Holes Bay dual carriageway which in turn provides an excellent link to both the A35 and A31 and motorway network beyond.
The property benefits from close proximity to Poole’s mainline railway station which provides access to London Waterloo and the Port of Poole, which provides regular freight and passenger services to the continent.
DESCRIPTION
The property comprises a mid-terrace modern two storey business unit constructed by means of a steel frame with part brick and clad eleva-tions, under a dual pitch steel profile roof incorporating roof lights.
Internally, the property is arranged with accommodation over two floors. The ground floor is arranged as workshop/industrial accommoda-tion and benefits from a sectional roller shutter door.
The first floor comprises modern open plan office accommodation with partitioned meeting rooms and benefits from a small reception area, separate kitchen and dedicated WC accommodation. The specification includes air conditioning and inset modular lighting.
9 car parking spaces are demised to the property.
We have measured the property with the following approximate gross internal floor areas:
Description Tenant Start Date End Date Open Market
Rent Reviews
Mutual Break
Dates
Rent (per
annum)
Ground Floor Anglebury Press
Limited
21/12/2018 20/12/2028 01/06/2021
01/12/2023
01/06/2026
01/06/2021
01/12/2023
01/06/2026
£25,000
First Floor Intergage Limited 01/07/2018 30/06/2028 01/01/2021
01/07/2023
01/01/2026
01/01/2021
01/07/2023
01/01/2026
£25,000
Total £50,000
COVENANTS
Anglebury Press Limited
Anglebury Press Limited are a well-established commercial printing business serving Poole, Bournemouth, Weymouth, Christchurch and across the south of England. The business has been trading since 1976.
Intergage Limited
Intergage Limited are a full service digital marketing agency incorpo-rated in 2000. The company has an Experian credit risk score of ‘Low Risk’.
TENURE
The building is held freehold
TENANCY
The building is let in accordance with the tenancy schedule below, producing a total rent of £50,000 per annum. We understand the leases contain full repairing and insuring covenants.
FINANCE ACT 1989Unless otherwise stated, all prices and rents quoted are exclusive of Value Added Tax. Any intending Purchaser or Lessee must sa�sfy themselves as to the incidence of VAT in respect of any transac�on.
IMPORTANT NOTEAt no �me has a structural survey been undertaken and appliances have not been tested. Interested par�es should sa�sfy themselves as necessary as to the structural integrity of the premises and condi�on and working order of services, fixtures and fi�ngs.
IDENTIFICATION Under Money Laundering Regula�ons, we are obliged to verify the iden�ty of a proposed tenant or purchaser prior to instruc�ng solicitors. This is to help combat fraud and money laundering - the requirements derive from Statute. A form will be sent to the proposed tenant/purchaser to ensure compliance a�er provisional terms have been agreed.These par�culars are believed to be correct, but their accuracy is not guaranteed and they do not form part of any contract
VAT
We understand the property has been elected for VAT, which will be chargeable on the purchase price. EPC
The property has an energy rating of C-73. A copy of the full energy performance certificate is available on request.
PRICE GUIDE
£650,000 exclusive.
VIEWING
Viewing by appointment only.
01202 558 262cowlingandwest.co.uk
David Cowling01202 558262
Alastair Knott01202 661177
