Property Details

RETAIL AND RESIDENTIAL INVESTMENT - Boscombe, Bournemouth

For Sale - Available
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Property ID: C6270

For Sale £150,000 FREEHOLD

Features

  • 8 flats on long leases
  • Shop let

Address

  • 33 Sea Road, Boscombe, Bournemouth, BH5 1DH

SITUATION AND DESCRIPTION
Sea Road is situated in the busy suburb of Boscombe just off the main pedestrianized area. There is plenty of passing traffic and high footfall from the local residential community as well as holiday makers and tourists.

The subject premises are located on a prominent corner position.

ACCOMMODATION
Retail shop on ground floor and basement currently trading as restaurant/café.

8 Flats all let on long leasehold on ground, first and second floors.

TENURE
Shop premises let on a 10 year lease from July 2020 with no breaks at a rental of £11,000 p.a. There is a rent review on 31st July 2025.

Flats 1-7 let on 125 year lease from 2017 at a ground rental of £250 each with uplifts every 15 years.

Flat 8 let on 125 year lease from 2nd March 2017 at a ground rent of £100 p.a. with uplifts every 15 years.

PRICE
£150,000 freehold.

PLANNING
Class E
A3 Dwelling house.

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

EPC Rating D – Commercial Only

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