Property Details

COMMERCIAL & RESIDENTIAL INVESTMENT - Bournemouth

For Sale - Available
Download Marketing Details
  • Please use this one

Property ID: C6213

For Sale £450,000 Freehold

Features

Address

  • 146 Commercial Road, Bournemouth, BH2 5LU

SITUATION AND DESCRIPTION
The property occupies a prominent position on Commercial Road in a busy parade of shops.  It is within walking distance of Bournemouth Town Centre.

The premises consist of a commercial shop, currently being used as a takeaway plus a four bedroom maisonette on the upper floor which have been fitted out to a high standard.

ACCOMMODATION
Shop
Ground floor shop
Max Width:      9’11”              (3.0 m)
Max Depth:      30’5”              (12.3 m)
Sales area:        462.84 sq.ft    (43 sq.m.)

Living Accommodation
Stairs to landing with access to:
Bedroom 1:  14’5” x 13’3”    (4.41m x 4.03m)
Bedroom 2:  11’9” x 6’6”      (3.58m x 2.04m)
Both bedrooms have en-suite shower rooms
Kitchen:       8’10” x 7’4”

Further stairs to second floor landing with access to:
Bedroom 3:  15’0” x 13’6”   (4.57m x 4.11m)
Bedroom 4:  10’5” x 13’6”   (3.18m x 4.11m)
Both bedrooms have en-suite shower rooms

TENURE
Shop is currently let at a rental of £19,200 payable monthly in advance on a contracted out lease from  11th August 2017 and expiring on 31st July 2036, with rent reviews on 1st August 2019, 2022, 2025, 2028, 2031, 2034. There is a rent deposit of £8,000.

Maisonette currently being let on a room by room basis earning £27,600 p.a. including all bills.

Total income from letting: £46,800 p.a. minus bills for residential.

The current owner would consider taking a 5 year lease from any prospective purchaser on the upper parts (residential) only at a rental of £19,200 p.a.

PLANNING
A3/A5 Café/Takeaway
C3 Dwelling House
Change of use of ground floor premises from cafe (Class A3) to cafe (Class A3) and takeaway (Class A5) use was granted 20th June 2014.Ref. No. 7-2014-5469-F.
Trading hours are 8.00am to11:00pm.

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

EPC Rating  E

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

Tel: 01202 551821
Website: www.ellis-partners.co.uk

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