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9 East Howe Lane, Bournemouth, Dorset, BH10

£80,000

£114.29 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

700 sq ft

65 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: Class E

E

Key features

  • Comprises ground floor retail shop t/a Barbers
  • Let until 2030. No breaks. Rent review in 2027
  • Rental Income: £7,200 p.a.
  • Gross Initial Yield: 9.00%

Description

Investment Consideration:
Gross Initial Yield: 9.00%
Rental Income: £7,200 p.a.
VAT is NOT applicable to this property
Let until 2030. No breaks. Rent review in 2027
Comprises ground floor retail shop t/a Barbers
Property benefits from outdoor area at front suitable for parking or retail use
Occupiers nearby include Takeaways, Nail Salon, Esso Petrol Station and more.

Property Description:
Comprises ground floor retail shop t/a Barbers with large forecourt suitable for either parking or additional displays, providing the following accommodation and dimensions:
Ground Floor: 65 sq m (700 sq ft)
Open plan retail, storage, wc

Tenancy:
The property is at present let to Yilmax Barber Limited for a term of 6 Years 11 Months from 1st September 2023 at a current rent of £7,200 per annum and the lease contains full repairing and insuring covenants. Rent review on 01.12.27 open market upward only. No breaks. Deposit held of £1,500. Personal guarantee.

Tenure:
Virtual Freehold. Held on a 999 Year lease from 28th August 2020 at a ground rent of peppercorn.

Location:
The property is situated in the middle of a long established retail parade catering for the residential occupiers in the high density housing that surrounds the parade. Occupiers nearby include Chinese takeaway, Fish and Chips, Nail Salon, Esso Petrol Station and more.

Brochures

9 East Howe Lane, Bournemouth, Dorset, BH10

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Branksome Station2.3 miles
  • Bournemouth Station2.6 miles
  • Parkstone Station3.3 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

Notes

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Disclaimer - Property reference 9easthove. 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 Blue Alpine, London. 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.

Map data ©OpenStreetMap contributors.

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