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12 Bridge Street, Christchurch, Dorset

Guide Price
£750,000

Business rates & charges may apply

Ellis and Partners Limited, Bournemouth
SIZE

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SECTOR

High street retail property for sale

Key features

  • Shop currently rented at £20,000 p.a.
  • Total income from flats £23,400
  • Good location
  • Total rental income £43,400 p.a.

Description

Situation and Description

The property is located a short distance from Christchurch Town Centre between the two bridges on Bridge Street. The property is located immediately opposite Prezzo.

The ground floor currently provides a lock up shop with kitchenette and cloakrooms and there are two flats above.


Shop currently rented at £20,000 p.a.

Total income from flats £23,400

Good location

The incoming tenant will be responsible for their own legal fees.

£750,000 freehold
Alternatively the long leasehold (999 years) of the shop only can be purchased at £300,000.

Ground Floor
Gross Internal Area of
whole of ground floor shop: 2,464 sq.ft. (229 sq.m.)

Flat 1
3 Bedrooms, Kitchen, Lounge, Bathroom

Flat 2
2 Bedrooms, Kitchen, Lounge, Bathroom

The shop is let on a 5 year lease expiring on 2nd March 2028 at a rental of £20,000 p.a.. A two month deposit is being held and there is a directors guarantee in place.

Flat 1 is let at £13,200 p.a. for 6 months from 6th May 2023.
Flat 2 is let at £10,200 p.a. for 6 months from 19th June 2023.


SHOP AND FLATS - FOR SALE

Brochures

12 Bridge Street, Christchurch, Dorset

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Christchurch Station0.7 miles
  • Pokesdown Station2.4 miles
  • Hinton Admiral Station2.8 miles

Notes

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Disclaimer - Property reference 74FH. 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 Ellis and Partners Limited, 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.

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