Property Details

FREEHOLD INVESTMENT - Bournemouth

For Sale - Available
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Property ID: C6417-3

For Sale £150,000 FREEHOLD

Features

  • Three flats (sold off on long leasehold)
  • Two shops

Address

  • 122 Tuckton Road, Southbourne, Bournemouth, BH6 3JX

SITUATION AND DESCRIPTION
The property is situated in the busy suburb of Tuckton in close proximity to Southbourne. Tuckton Road High Street benefits from a mixture of local and specialised.

The subject premises are situated close to the Co-operative store in a very busy location with on road parking.

The property comprises two shops and three flats. Flats are sold off on long leasehold

ACCOMMODATION
Shop 1
Sales area: 22’03” x 9’3” (6.8m x 2.84m )
207.95 sq.ft. (19.32 sq.m.)
Store area: 8’05” x 4’09” (2.57m x 1.47m)
40.68 sq.ft. (3.78 sq.m.)
Shop 2
Shop Depth: 27’01” (8.266 m)
Shop Width: 9’2” (2.8 m)
Total area: 249.30 sq.ft. (23.17 sq.m.)
Rear storage area: 11’5” x 8’8” (3.50m x 2.66m)
100.31 sq.ft. (9.31 sq.m.)

PRICE
£150,000 Freehold

TENURE
Shop 1
The premises are currently renewing on a three year lease at a rental of £4800 per annum with a yearly mutual break clause.

Shop 2
The premises are currently let by way of a five year lease from 4th December 2020 at a rental of £6000 per annum with a break clause at the third anniversary.

Flats
The flats sold off on long leases with a ground rent of £650 p.a.

PLANNING
This property falls within Class E Commercial Businesses and Services, which include A1, A2, A3, B1, Indoor sports and Medical use, crèche/day nursery

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