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5 bedroom commercial property for sale

Old Town Poole, Poole


Property Description

Key features

  • Shop and H.M.O. (house of multiple occupation)
  • Five rentable rooms
  • Modern communal kitchen with built-in oven
  • H.M.O. certificate
  • All rooms currently tenanted
  • Gas and fire regulation certificates
  • Secure alarm system
  • Gas and electric heating
  • Waterproofed (tanked) basement storage area with power and light

Full description

A listed building, built approximately in 1750 with some original features including curved staircase and handrail. The building consists of a shop with rear storage, W.C., utility area, basement storage and a rear courtyard. The remainder of the building is used as an H.M.O. (house in multiple occupation) and comprises of a large ground floor modern kitchen leading onto a courtyard, five rentable rooms and a shower room. The H.M.O. can be accessed independently via a side door and can also be accessed via an internal door from the shop area.

Poole is a favoured holiday destination and also a favourite for yacht owners. Sunseeker Poole is the flagship dealership for luxury boats and motor yachts. 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
Tenure: Freehold
H.M.O. income - approx. £22,800 p.a.
All rooms are currently let (3 long standing tenants)
Shop rental - £10,000 p.a.
Current total income p.a. £32,800 = 6.5% gross yield
Business rates do not apply to this property.

Property ref: 121_2833_4278283

More information from this agent

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