Get brand editions for Saxe Coburg , Canford Cliffs

This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

Commercial Property for sale

Old Town Poole, Poole

£965,000

Property Description

Key features

  • Prime,central location
  • Underfloor heating & gas central heating (house)
  • Solid oak windows (house)
  • High gloss kitchen units & built-in appliances (house)
  • 8 years remaining of N.H.B.C. certificate (house)
  • Modern kitchen with built-in electric oven (HMO)
  • H.M.O. certificate
  • Gas and electric regulation certificates

Full description

An opportunity to purchase a shop with H.M.O. (house of multiple occupation) above and adjoining cottage style house built in 2014. Ideal investment with a potential yearly rental income of £49,600 (both properties) or for someone wishing to live close to their business/shop.

The H.M.O. consists of a large modern communal kitchen, five rentable rooms and a shower room. The shop has a large shop floor area with adjoining store room, W.C. & utility area. There is also basement storage.

The adjoining house has been built by a well known local builder to a very high specification and has the benefit of a private courtyard area and Juliet balconies. Accommodation comprises of open plan lounge/diner/kitchen, downstairs W.C. , three bedrooms, ensuite shower room and bathroom. There is also a large loft storage area.

Both properties are located in a prime position on Poole High Street and adjoining Strand Street just a short distance to the quayside. Poole is a favoured holiday destination and also a favourite for yacht owners. There is a bustling vibe throughout the summer months with lots of local activities and attractions to visit. Amongst historic buildings and museums there is a wide choice of restaurants, bars and shops and the harbour offers a selection of water sports.

Tenure Details
SHOP and H.M.O.
Tenure: Freehold
H.M.O. income - approx. £22,800 p.a.
All rooms are currently let (3 long standing tenants)
Potential shop rental - approx. £10,000 p.a.
Total approximate income p.a. £32,800 - 6.2% gross yield

HOUSE
Approximate monthly rental of £1400 (£16,800 p.a.)

TOTAL APPROXIMATE INCOME for both properties - £49,600 - 5.1% gross yield

Property ref: 121_2833_4283187

More information from this agent

Map & Street View

Disclaimer - Property reference 4283187. 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 Saxe Coburg , Canford Cliffs. 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.

Map data OpenStreetMap contributors.