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Office for sale

Old Christchurch Road , Bournemouth Town Centre

Sold by Us £775,000

Property Description

Full description

Tenure: Freehold

Trinity is a development of purpose built self-contained offices fronting Old Christchurch Road.

Unit 8 comprises of three offices. Parking facilities for 14 x cars at the rear. A2 use. Unit 8 Trinity has accommodation arranged over three floors with the ground floor office offering direct access onto Old Christchurch Road. The upper floors are accessed from the rear via a communal entrance and stairs. Ground Floor Office 1,337 sq ft (124 sq mt) First Floor Office 1410 sq ft (131 sq mt) Second Floor Office 1410 sq ft (131 sq mt). Total area 4,157 sq ft (386 sq mt). The Ground floor office new proposed rent £22,750.00 p.a. full repairing and insuring lease. The First-floor office new proposed rent £18,995.00 p.a. full repairing and insuring lease. The Second-floor office new proposed rent £18,995.00 p.a. full repairing and insuring lease. Proposed rental income £60,740.00 p.a. gross. This gives a 7.84% return based on the asking price. (I am advised that the building is now fully vacant - January 2017). The building has an expired grant of planning for an additional (1000 sq ft) floor on the top of the existing building. Unconditional purchase required. For further details, please Contact Andrew Hooper. More development and investments available on our web site:

Development or Investment site (s), bought through Churchfield the purchaser is required to retain us at the rate of 1.8% (minimum fee of £2,400) including Vat at the prevailing rate. For any Land, Development or Investments acquired, Churchfield must be instructed to re-sell the finished units at 1.8% including vat or re-let at 9.6% including vat (fully managed) the acquired property or the developed properties on a sole agency basis within three years of completion. If Churchfield are not instructed and the acquisition is sold or Let by the purchaser/s within this period, an additional fee of 1.8% including vat (minimum fee £2,400 including vat) of the original purchase price will be chargeable to the purchaser in addition to any other costs or charges agreed. Once the three year period after completion of the purchase has expired, the purchaser is free to offer the acquisition to any third party with Churchfield having no financial interest.

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