718 Christchurch Road, Boscombe, Bournemouth, Dorset, BH7 6BZ

For Sale

  • Investment, Retail
  • 861.11 Sq Ft
  • £199,950

Prominent Corner Positioned Unit For Sale

Key Features

  • Development opportunity
  • Prime High Street location
  • Net floor area: 861.11 sq.ft. (80 sq.m.) approx.

Property Description

Boscombe is a busy and popular residential and commercial district approximately 1.5 miles east of Bournemouth Town Centre and 5 miles west
of Christchurch Town Centre.

The property occupies a highly prominent corner position located at the junction of Portman Road and Christchurch Road at the busy traffic light junction.

The property consists of a large unit with window frontage to the front and side. Internally there is a large open planned space and benefits from a good sized kitchen and cloakroom/WC.

The property also has planning permission to develop two residential units at the rear.

The property not only offers a spacious retail environment but also comes with the added benefit of planning permission (Application No: 7-2021-3357- E) to develop two residential units at the rear. This includes a one-bedroom garden apartment and a one-bedroom duplex apartment, providing a unique chance to diversify your investment portfolio. The potential for additional rental income from these residential units makes this property even more appealing.

• Planning for 55m2 garden apartment
• Planning for 80m2 duplex apartment
Accommodation
Net floor area: 861.11 sq.ft. (80 sq.m.) approx..
Cloakroom/WC
Kitchen
Planning
Class E Use
Former A1/ A2 Retail and Financial/Professional Services

Planning permission granted for development of two residential units at the rear. This includes a one bedroom garden apartment and a one-bedroom
duplex apartment.
(Application No: 7-2021-3357-E
Price
£199,950 Freehold
This price also includes the leasehold interest for Flat 718A Christchurch Road. The lease was granted for a term of 125 years from 25 December 2016 and currently generates a ground rent income of £250 per annum.

We are legally required to carry out anti-money laundering checks (AML) on the tenant, purchaser or director of a Limited company. There is an
administration fee of £30.00 plus VAT for each AML check

Location

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BH Commercial

01202 551 821

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