Get brand editions for Lovett Estate & Lettings Agents, Bournemouth

Commercial Property for sale

497 Christchurch Road, BOURNEMOUTH, BH1

£59,950

Property Description

Key features

  • Open Plan Shop Floor
  • Basement, W/C and Kitchen Area
  • Prominent Location In A Well Established Retail Area
  • Currently Let For 475pcm
  • Impressive Gross Yield Of 9.5%
  • Viewing Highly Recommended

Full description

Tenure: Leasehold

LEASEHOLD

Lease: 125 Year Lease

Ground Rent; £250 per annum.

Like this property but need to sell? Call Lovett Estate Agents for your complimentary market appraisal on .



A fantastic opportunity to acquire this retail unit set over two floors consisting of an open plan shop floor, basement area, W/C, Kitchen area and store.

Location

The shop is in a prominent well established retail location on Christchurch Road/A35, a main arterial route between Christchurch and Central Bournemouth providing an abundance of passing trade. Well known highstreet brands can be found within the near vicinity such as Mcdonalds, Nationwide and Iceland which add to the footfall.

Currently Let

The property is currently let for £475pcm, £5700 per annum, providing an impressive gross yield of 9.5%.

Tenure

Long Leasehold by way of a new 125 year lease at a ground rent of £250 per annum.

Services

We recommend all prospective occupiers should make their own enquiries as to the availability and capacity of the various utility services.

Rates

The District Valuer’s website provides the following information:-

Rateable Value – £2,225 (1 April 2017)

Source:

Small Business Rate Relief may apply.

Viewing
Strictly by appointment through the vendors agents: Lovett International.

Under section 21 of the 1979 Estate Agency Act we declare that the vendor is connected to Lovett International Estate Agents Ltd.

LEASEHOLD

Lease: 125 Year Lease

Ground Rent; £250 per annum.

This information has not been verified and should not be relied upon as statement of fact, but it is given in good faith for guidance only.

Looking to sell? Call Lovett Estate Agents to arrange your complimentary valuation.




More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Bournemouth (0.9 mi)
  • Pokesdown (0.9 mi)
  • Christchurch (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lovett Estate & Lettings Agents, Bournemouth

716 Christchurch Road, Boscombe, Bournemouth, BH7 6BZ

01202 066294 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Lovett Estate & Lettings Agents, Bournemouth

716 Christchurch Road, Boscombe, Bournemouth, BH7 6BZ

01202 066294 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bournemouth (0.9 mi)
  • Pokesdown (0.9 mi)
  • Christchurch (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lovett Estate & Lettings Agents, Bournemouth

716 Christchurch Road, Boscombe, Bournemouth, BH7 6BZ

01202 066294 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 11470322. 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 Lovett Estate & Lettings Agents, Bournemouth. 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.