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COMMERCIAL

Stourvale Road, Bournemouth, Dorset, BH6

Guide Price
£850,000
Avenue Estates, Bournemouth
PROPERTY TYPE

Commercial Property

SIZE

9,612 sq ft

893 sq m

Key features

  • *Unique Investment Opportunity In Southbourne*
  • Seven Commercial Units With Tenants In-Situ
  • Generating A Yearly Income Of Approximately £72,000 Per Annum
  • Future Development Potential (STPP)
  • Multiple Access Points
  • Substantial Footprint Of Approximately 0.3 Acres
  • Contact Avenue Estates For More Information

Description

Avenue Estates are pleased to present this INVESTMENT OPPORTUNITY of SEVEN COMMERCIAL UNITS being offered with TENANTS IN-SITU and currently generating over £72,000 PER ANNUM.

Situated in prime Southbourne, a highly sought after coastal town in Bournemouth, popular for its bustling high-street with a mix of independent coffee shops, restaurants and convenience stores, these commercial units present a fantastic investment opportunity. The level plot is approximately a third of an acre and benefits from access via Stourvale Road and Inverleigh Road.

Tenancies:

Unit 1
- Generating £18,900 per annum
- Approximately 2,60sqft
- 10 year lease from 7th January 2016
- 5 yearly rent review

Unit 2
- Generating £19,570 per annum
- Approximately 4,004sqft
- 10 year lease from 25th January 2019
3 yearly rent review

Unit 2A
- Generating £14,700 per annum
- Approximately 1,506sqft
- 6 year lease from 8th April 2021
- 3 yearly rent review

Unit 3
- Generating £6,000 per annum
- Approximately 462sqft
- 3 year lease from 25th March 2022
- No rent review

Unit 3A
- Generating £6,000 per annum
- Approximately 484sqft
- 3 year lease from 20th October 2021
- No rent review

Unit 3B
- Generating £4,800 per annum
- Approximately 333sqft
- 3 year lease from 23rd February 2024
- 3 yearly rent review

Unit 3C
- Generating £1,440 per annum
- Approximately 129sqft
- 21 year lease from 29th June 2012
- No rent review

For more information on this superb investment opportunity, contact Avenue Estates today!

Stourvale Road, Bournemouth, Dorset, BH6

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Pokesdown Station0.7 miles
  • Christchurch Station1.1 miles
  • Bournemouth Station2.4 miles
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About the agent

Avenue Estates, Bournemouth

485 Wimborne Road, Winton, Bournemouth, BH9 2AW

Avenue Estates, Bournemouth

With attention to detail in all areas Avenue Estates offers the benefits of a small boutique independent agent with the marketing channels, passion and professionalism you would expect from an experienced agent. We thrive to offer our Landlords, Vendors, Buyers and Tenants a level of service and customer care that makes us stand out from the rest and aim to challenge the traditional view of estate agency; ensuring customers experience an outstanding, honest and friendly service throughout. Av

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Notes

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Disclaimer - Property reference 163StourvaleRoad. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Avenue Estates, Bournemouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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