Airfield Road, Christchurch, Bournemouth Christchurch Poole

Guide price

£200,000

Size

4,236

Tenure

Leasehold

EPC

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Parking

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Primary use
Industrial park
Other use(s)
Automotive

No floor / site plan

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Parking

Key features

  • Long Standing Tenant Who Wants New Lease
  • Net Income of £18,900 per annum

Description

The property comprise a long-leasehold commercial investment with a long standing tenant currently holding over but looking to secure new terms follwing recent investnent in upgarding the unit.

The site is available to purchase by way of lease granted for a term of 99 years from 25 March 1979 (around 52 years unexpired).
Rent reviews are on a 5 yearly basis with the next rent review due 25 March 2029.

Occupational Rent £29,400 pa.
Head Rent £ 9,900 pa.
Profit Rent £18,900 pa

PROPERTY

The property is a detached industrial building with a mixture of brick and profile metal sheet elevations and pitched asbestos roofs incorporating translucent light panels.
The front section incorporates single storey office with toilet facilities. The main workshop area is situated to the rear and is accessed by a sliding loading door. The rear of the property is a second workshop which is an extension to the original property and has its own loading door.

Eaves height ranges from 3.2m to 4.6m.

There are around 17 car parking spaces and good-sized yard to the side.

PRICE
£200,000 exclusive of VAT.

LOCATION

The property is located on the popular Airfield Road industrial estate, Christchurch. Bournemouth Town Centre is approximately 3 miles to the west with Christchurch 2 miles to the east.

PLANNING

We understand that the commercial unit has planning consent for Class E commercial.

In accordance with our usual practice, however, all interested parties are encouraged to contact BCP Council, planning department ), with respect to the authorised use of the property and their proposed use.

EPC

E - 122

BUSINESS RATES

Rateable value is currently £30,250.
Interested parties are advised to obtain confirmation of the rateable value and rates payable from the local authority.

Additional information
Clear height
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Yard depth
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Service charge
£9,900
Business rates
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Use class
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Listed building
No
Business for sale
No
Leasehold: 52 years left
Tenure
Leasehold
Length of lease
52 years left
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Airfield Road, Christchurch, Bournemouth Christchurch Poole

NEAREST STATIONS

National Rail

Christchurch Station

1.72 miles

National Rail

Hinton Admiral Station

1.85 miles

National Rail

Pokesdown Station

3.49 miles

About Watts Holt, Poole

Watts Holt, Poole

We are an agency and consultancy based on the South Coast with years of experience in all aspects of commercial property.

We are able to provide advice on lettings and sales of all commercial property, including shops, offices, industrial units and land throughout Poole, Bournemouth and beyond.

Our extensive market knowledge and prompt approach to matters has earned us the reputation as one of the most active agencies in the area.

Our client base ranges from multi-national property corporations to the smallest investor looking to maximise the value of their portfolio.

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Disclaimer - Property reference 11airfield. 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 Watts Holt, Poole. 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.