A Mid Terrace Building Arranged to Provide a Vacant Ground Floor Retail Unit and a First and Second Floor Flat (Sold Off on a Long Lease).
1076 Christchurch Road, Bournemouth, Dorset, BH7 6DS
A mid terrace building comprising a vacant ground floor retail unit and a first and second floor flat on a long lease. The retail unit is approximately 65 sq m with storage and WC. The building is freehold with the flat held on a 99 year lease from June 2002 (approximately 75 years unexpired).
Accommodation
- Retail Area
- Storage
- Kitchen
- WC
Full description
The property comprises a mid terrace building arranged to provide a ground floor retail unit and a first and second floor flat. The ground floor retail unit includes a retail area, storage, kitchen and WC, with a gross internal area of approximately 65 sq m (705 sq ft). The unit is currently vacant. The first and second floor flat is not inspected. The property is situated on a mixed use road close to local shops and amenities. The open spaces of Boscombe Beach are within easy reach. Transport links are provided by Pokesdown rail station. The building is held on a freehold basis. The first floor flat is held on a 99 year lease from 24th June 2002 (thus approximately 75 years unexpired) at a ground rent of £75 per annum, rising to £150 in 2035 and £300 in 2068. The estimated rental value is £15,000 per annum.
Financial Tools
For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.
A First Floor Two Bedroom Flat Subject to a Periodic Tenancy Producing £13,200 Per Annum
Middlesex, UB6
A Two Bedroom Twelfth Floor Flat Let to Genesis Housing Association Producing £15,600 per annum
London, N7
A Vacant Second Floor Two Bedroom Flat
Middlesex, TW3