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The property comprises a high yielding retail investment opportunity let to a local cafe and benefitting from RPI linked rent reviews.
Arranged across ground floor only, the property is let to a private inidividual t/a Pams Coffee Bar on a lease expiring 24.06.2027 and paying £5,200 per annum. The lease includes RPI linked rent reviews with the next review in December 2025. We understand a rent deposit of £875 is held.
The property 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.
Tenure
Leasehold - 999 Year Lease at Peppercorn Rent
Rent