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UNDER OFFER

243 Holdenhurst Road, Bournemouth, Dorset, BH8

£74,950

Business rates & charges may apply

Nettleship Sawyer, Bournemouth
SIZE

Ask agent

SECTOR

Commercial property for sale

USE CLASSUse class orders: A1 Shops

A1

Key features

  • Situated in main busy road close to established retailers
  • Let on unbroken lease to 2033
  • 4 flats over sold off each paying £250pa ground rent
  • Total income - £7,000
  • Price £74,950 for the freehold interest

Description

LOCATION

The property is situated midway along this busy main arterial road approximately 50 yards from Aldi and Tesco Express opposite.

There is a good mix of established retailers, takeaways and office occupiers within the immediate vicinity and the premises benefit from on street parking opposite and being immediately adjacent a pelican crossing.

ACCOMMODATION

Ground floor

Shop

Street frontage 18' 2"
Internal Width 17' 1" max
15' 3" min
Depth 22' 8" max
14' 1" min
Net Retail Area 301 sq ft

Cloakroom / WC

LEASES

The shop is let to an established gents barbers on an original 15 year full repairing and insuring lease from 20th April 2018 at a current rent of £6,000 pax paid monthly in advance, subject to 3 year rent reviews (RPI linked uncapped / uncollared)

The 4 upper floor flats are all sold off as follows:

Flat 1 99 year lease from 25.9.2014 at £250 pa doubling every 25 years.
Flat 1b 125 year lease from 1.1.2014 at £250 pa doubling every 25 years
Flat 2 125 year lease from 1.1.2014 at £250 pa doubling every 25 years
Flat 3 125 year lease from 1.1.2014 at £250 pa doubling every 25 years

Total Net Income - £7,000 pax

PRICE

£74,950 for the freehold interest, subject to and with the benefit of the occupational lease of the ground floor shop and ground leases of the 4 flats over.

ENERGY PERFORMANCE CERTIFICATE

Assessment - Commissioned

Brochures

243 Holdenhurst Road, Bournemouth, Dorset, BH8

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bournemouth Station0.4 miles
  • Pokesdown Station1.3 miles
  • Branksome Station2.8 miles

About Nettleship Sawyer, Bournemouth

35 Richmond Hill, Bournemouth, BH2 6HT

Nettleship Sawyer, Bournemouth

Nettleship Sawyer are Chartered Surveyors, Commercial Agents and Property Managers based in Bournemouth

Our highly effective marketing techniques, negotiating abilities and valuation expertise depend upon the skills of our experienced Surveyors. The three directors, Steve Chiari, Agnes Sawyer and Steve Tomkins, are supported by a team of surveyors, agents and administrators.

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Notes

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Disclaimer - Property reference SGC6424. 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 Nettleship Sawyer, 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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