Property Details

FREEHOLD BAR INVESTMENT WITH ADDITIONAL GROUND RENT INCOME - Boscombe East, Bournemouth

For Sale - Available
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  • 20201006_083823781_iOS

Property ID: C6498

For Sale £225000
10000

Features

  • Currently let as bar on a 5 year lease

Address

  • 682-684 Christchurch Road, Boscombe East, Bournemouth, BH7 6BT

SITUATION AND DESCRIPTION
The property is situated in the main parade of shops within Christchurch Road which leads through to Pokesdown. This is a very busy area and with plenty of independent shops and a busy thoroughfare.

The subject premises comprise a single fronted premises currently trading as a bar plus two flats which have been sold off on long leasehold

ACCOMMODATION
Bar area: 28’03” (87.86m)
Kitchen: 43’05” (13.24m)
Cellar: 65’05” (19.96m)
WC:

TENURE
The shop is currently let on a 5 year lease from 1st September 2020 at a rental of £18,000 p.a.

There are two flats both sold on long leaseholder for a term of 125 years, commencing 1st January 2016 and thus expiring on 1st January 2016. Each flat pays an annual ground rent of £250.00 p.a. which is to double every 25th anniversary of the term.

PRICE
£225,000 for Freehold

LEGAL FEES
The incoming tenant will be responsible for their own legal fees.

VIEWING AND FURTHER DETAILS
By arrangement with Ellis and Partners through whom all negotiations are to be conducted.

VIEWING AND FURTHER DETAILS

By arrangement with Ellis and Partners through whom all negotiations are to be conducted.

Property Map
Call today to discuss your property needs on 01202 551 821 for Commercial, 01202 552 236 for Residential or 01273 771 393 for Brighton