£325,000
(£160.49/sq. ft)
Property for sale3-5 Lansdowne Road, Bournemouth BH1
2,025 sq. ft
About this property
Single storey commercial premises operating as a licenced restaurant and takaway trading as the Noodle Bar
Current rental income: £24,000 p.a. With 14 years guaranteed income from the existing lease and completed reversionary lease that expires in September 2040
Total floor area: 2025 sq.t. (188 sq..) approx. And parking
Width 44’00” (13.4m)
Depth 39’06” (15.1m)
Total Floor Area 2,025 sq.ft. (188 sq.m.) Approx
Designated parking in Lansdowne Mews adjoining the Lansdowne Church
Tenure
The property is held by way of a 10 year lease from 5 September 2020 let to an individual who is trading as the Noodle Bar Bournemouth. The September 2025 rent review was agreed at a rental of £24,000 p.a.
A Reversionary lease from September 2030 for a term of 10 years has now been completed with a commencing rental of £24,000 but with a day 1 rent
review in September 2030
In addition, we are legally required to carry out anti-money laundering checks (aml) on the tenant, purchaser or director of a Limited company. There is an administration fee of £30.00 plus VAT for each aml check
Price
£325,000 freehold subject to and with the benefit of 14 years unexpired
lease term and guaranteed rental income
Mortgage calculator
£1,625 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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