5 The Triangle, Bournemouth, Dorset

Situation and Description

The property is located in the vibrant cosmopolitan Triangle Area of Bournemouth Town Centre. As well as the main library for the town the Triangle also has a range of specialist retail shops, office occupiers, restaurants, bars and nightclubs.

The property is a short distance from the prime pedestrianised section of Commercial road. The property is located at the busy road junction where The Triangle, Poole Hill and Commercial Road all meet.

The property comprises a ground floor premises currently trading as a Turkish restaurant together with two flats above which have been let on AST's.

Planning

A3 Restaurant - This property falls within Class E commercial businesses and services, which include A1, A2, A3, B1, indoor sports and medical use, crèche/day nursery

Legal Fees

Each party will be responsible for their own legal fees.

Costs

There is a premium required of £30,000

Accommodation Text

Width: 23'00" (7.019m)
Length: 47'10" (14.583m)
Total Area: 1101 sq.ft. (102 sq.m.)
Kitchen: 19'2" x 8'3" (5.869m x 2.534m)
Male and Female WC
Storage

Flat 1
2 Bedrooms, kitchen, lounge, bathroom
Let at £950 pcm

Flat 2
1 Bedroom, kitchen, lounge, bathroom
Let at £800 pcm

Total income from flats: £21,000 p.a.

Lease assignment

2 Flats above let on AST's (income £21,000 p.a.)

Premium required

Tenure Comments

Lease assignment.. The current lease is for a term of 20 years from 12th April 2016 at a current rental of £33,000 p.a.

The two flats are let on AST's (income £21000 pa)

RESTAURANT PREMISES - TO LET