English 
Arabic 
Chinese 
French 
German 
Hebrew 
Spanish 
Accommodation
The property has previously been measured by Foresight PM and provides the following Gross Internal Areas:
| Ground Floor | 300 sq m | 3,229 sq ft |
A copy of the measured survey is available to download.
Tenure
Freehold.
Tenancy
The property is let to Julia’s House Limited on a full repairing and insuring lease, subject to a Schedule of Condition, for a term of 10 years from30th January 2026, expiring on29th January 2036 . There is a tenant break option on 30th January 2029 and 30th January 2032, subject to six months’ prior notice. If the 2029 break option is not exercised, the tenant will benefit from a three-month rent-free period. The lease is outside 1954 Act protection.
The current passing rent is £34,000 per annum with an upwards only open market rent review on 30th January 2031. The unit was previously occupied by Carpetright at a rent of £50,000 per annum, hence the rent has been re-based.
Covenant
Julia’s House Limited (Charity No. 1067125) has reported the following figures:
| Year Ending | 31st December 2024 | 31st December 2023 |
| Total Income | £10,220,664 | £9,058,161 |
| Cash at bank and in hand | £5,037,602 | £6,047,610 |
| Net Assets | £17,046,655 | £17,192,418 |
Established in 2003, Julia’s House is a children’s hospice charity providing specialist care and support to children with life-limiting and life-threatening conditions and their families across Dorset and Wiltshire.
Julia’s House has a diversified income base including fundraising, retail operations and donations, supported by a strong volunteer network and established regional presence. The charity operates 15 shops, plus care facilities, and continues to play a vital role in the local community. For further information please visit www.juliashouse.org.
VAT
The property is elected for VAT. It is anticipated that the sale will be treated as a Transfer of a Going Concern (TOGC).
Proposal
We are instructed to seek a figure of £400,000 (Four Hundred Thousand Pounds), subject to contract, reflecting a net initial yield of 8.2%, assuming standard purchaser’s costs of 4.18%.
Please note that a purchaser will be re-charged the costs of the searches (£1,075.13) which are provided in the data room.
Please note that a purchaser will be charged a Transaction Fee of 1.0% of the Purchase Price plus VAT.
Investment Considerations
An opportunity to acquire an attractive roadside retail investment;
Newly let from January 2026;
Secure income to an established regional charity with Net Assets in excess of £17m;
The rent has been rebased from £50,000 to £34,000 per annum;
Prominent location fronting the A361;
Freehold;
A purchase at the asking price reflects an attractive net initial yield;
Attractive lot size for an investor.
Singer Vielle AI Assistant - Try It Now
Have a question about this property?
Click the chat button in the bottom right corner of the screen. Instant answers - available 24/7.
Data Room
A full data room is available for this property.
Click the button below to access the data room, or navigate to the area titled “clicktopurchase®”, where you can view the data room and commence the online purchase process.
Join Our WhatsApp Community
Receive early notifications of property investment opportunities direct to your phone.
Singer Vielle Finance Services
Contact our team if you are seeking senior debt, bridging finance or development finance.
