Property ID: V8086
For Sale £225,000 for long leasehold
TELEPHONE: 01202 551 821 • FAX: 01202 557 310 • DX 7614 BOURNEMOUTH
www.ellis-partners.co.uk
ALSO AT BRIGHTON
Ellis and Partners Ltd No. 04669426.
Ellis and Partners (Bournemouth) Ltd No. 6522485. Ellis and Partners (Brighton) Ltd No. 6522566
Registered in England and Wales. Registered Office: 4 Dean Park Crescent, Bournemouth, Dorset BH1 1LY
Features
- Established secondary location
- Long leasehold interest for sale
Address
- 178 Old Christchurch Road, Bournemouth, BH1 1NU
SITUATION AND DESCRIPTION
The properties is located within an established secondary location within the town centre. Occupiers in the immediate vicinity include office occupiers, specialist retailers and catering and bar outlets. The property is located midway between the pedestrianised section of Old Christchurch road and the Lansdowne roundabout
The property comprises a single fronted lock up shop and basement.
ACCOMMODATION
Width 17’01” (5.02m)
Depth 42’00” (12.92m)
Retail Sales 627 sq.ft. (58 sq.m.) Approx.
Rear Office 125 sq.ft. (12 sq.m.) Approx.
Basement 294 sq.ft. (27 sq.m.) Approx.
Comprising storage area, kitchenette and cloakroom
The basement is accessed via a shared hallway and staircase
TENURE
The property is held by way of a 999 year lease from 1st January 2012 at a peppercorn ground rent. Permitted user is Class A1 retail sales or any other use which the landlord may approve. The tenant is responsible for 35% of buildings insurance and service charge costs.
PRICE
Offers over £210,000 for the long leasehold interest.
SUBLEASE
Alternatively a new sublease with terms to be negotiated is available at a rental of £15,000 p.a.
PLANNING
Long established Class A1 retail use
This property falls within Class E Commercial Businesses and Services, which include A1, A2, A3, B1, Indoor sports and Medical use, crèche/day nursery
EPC RATING D
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.