Commercial property for sale in Christchurch Road, Boscombe, Bournemouth BH7
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Property features
- Of interest to investors.
- Let to Blue Ockra Ltd
- Trading as a Retro Furniture Shop
- Freehold three storey terraced building
- Ground floor retail unit let at £6,500 per annum.
- Three flats sold on long leases paying £700 pa.
- Rent Reserved £7,500 per annum.
Property description
Strapline
Auction Sale - 27/02/2024
Of interest to investors. A freehold three storey terraced building arranged as a ground floor shop and basement let at £6,500 per annum. There are two upper flats and one to the rear which have been sold on long leases. Investment opportunity. Rent Reserved £7,200 per annum.
Location
Situated to the south side of Christchurch Road, close to the junction with Queensland Road,
Christchurch Road forms part of the A35 linking Bournemouth and Christchurch which produces a good level of passing trade.
Other nearby occupiers include a grocery shop, a bakery, an interior design studio and many other local independent traders and takeaway restaurants.
Pokesdown Station is just 0.2 miles to the East
Transport
Pokesdown Station - National Rail
Tenancy
The shop and basement are let on a 10 years lease from 25th November 2020 to Blue Ockra Ltd with personal guarantees from the three directors. There is a rent review to omv and a tenant break option on 24th November 2026.
There was a rent-free period to 25th May 2021 and since then we are advised the rent has been paid regularly each quarter. The shop trades as a retro furniture and curiosity/artifacts business and previously operated in Camden market.
Accommodation
Ground floor shop - Net sales area 384 sq ft (35.67 sq m)
Basement stores - 371 sq ft (34.4 sq m)
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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