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4 Lansdowne Road, Bournemouth, Dorset

£165,000

£175.91 per sq ft

Business rates & charges may apply

Ellis and Partners Limited, Bournemouth
SIZE AVAILABLE

938 sq ft

87 sq m

SECTOR

Commercial property for sale

Key features

  • Currently rented at £15,000 per annum for a term of 10 years
  • Gross floor area: 938 sq.ft. (87.21 sq.m.) approx.
  • Share of the freehold

Description

Situation and Description

The property is situated close to the Lansdowne roundabout in an established secondary trading area on the edge of the town centre that caters for the office workers from the central business district as well as the numerous students from the University and College.

The premises consist of a retail sales area and lower sales area and benefits from kitchenette and WC.

Planning

Class E use

Legal Fees

Each party will be responsible for their own legal fees.

EPC

Rating B-45

Costs

Once a letting has been agreed, the proposed tenant will need to make a non-refundable applicant charge of £600 plus VAT.

Accommodation Text

Shop Width: 18'04" (5.6m)
Shop Depth: 23'3" (7.1m) max.
Sales Area: 427 sq.ft. (39.76 sq.m.) approx..
Rear Sales Area: 110 sq.ft. (10.28 sq.m.) approx..
Basement (Gross Internal Area) 400 sq.ft. (32.17 sq.m.)
Gross Floor Area: 938 sq.ft. (87.21 sq.m.) approx..
WC and Kitchenette

Tenure Comments

TENANCY
The premises are let to Fade Parturi Limited and Karzan Asaad Abdulmajeed on a 10 year lease expiring 10 September 2034 at a rental of £15,000 per
annum. There is a rent review on 11 September 2029.


PRICE
The long leasehold will be available to purchase at £165,000 for the existing 999 year lease which started on 1st January 2021.

The purchaser will also acquire one sixth share in the freehold management company which owns and manages the building including five residential units over.

LONG LEASEHOLD INVESTMENT FOR SALE

Brochures

4 Lansdowne Road, Bournemouth, Dorset

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bournemouth Station0.4 miles
  • Pokesdown Station1.9 miles
  • Branksome Station2.3 miles

About Ellis and Partners Limited, Bournemouth

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

Notes

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