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33 Sea Road, Boscombe, Bournemouth, Dorset

Guide Price
£130,000

£249.04 per sq ft

Business rates & charges may apply

Ellis and Partners Limited, Bournemouth
SIZE AVAILABLE

522 sq ft

48 sq m

SECTOR

High street retail property for sale

Key features

  • Restaurant sold with vacant possession. Ideal for owner/occupier
  • 8 flats on 125 leases with annual ground rent of £1,850
  • Potential rental income for restaurant when let £13,000 p.a. plus VAT approx.

Description

Sea Road is situated in the busy suburb of Boscombe just off the main pedestrianized area. There is plenty of passing traffic and high footfall from the local residential community as well as holiday makers and tourists.

The subject premises are located on a prominent corner position.

The premises are being sold with vacant possession and ideal for owner occupier or investor.

Class E
C3 Dwelling house

Each party will be responsible for their own legal fees.

Retail shop/restaurant on ground floor and basement currently trading as restaurant/café.

8 Flats all let on long leasehold on ground, first and second floors.

Restaurant sold with vacant possession. Ideal for owner/occupier

8 flats on 125 leases with annual ground rent of £1,850

Potential rental income for restaurant when let £13,000 p.a. plus VAT approx.

Restaurant/shop - Vacant.

Flats 1-7 let on 125 year lease from 2017 at a ground rental of £250 each with uplifts every 15 years.

Flat 8 let on 125 year lease from 2nd March 2017 at a ground rent of £100 p.a. with uplifts every 15 years.

PRICE
£130,000 freehold plus VAT


VACANT RESTAURANT AND RESIDENTIAL INVESTMENT - FOR SALE

Brochures

33 Sea Road, Boscombe, Bournemouth, Dorset

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Pokesdown Station0.8 miles
  • Bournemouth Station1.0 miles
  • Christchurch Station2.6 miles

About Ellis and Partners Limited, Bournemouth

Old Library House, 4 Dean Park Cresent, Bournemouth, BH1 1LY

Notes

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