1076/1076A Christchurch Road, Bournemouth, Bournemouth Christchurch Poole
Size
705
Tenure
Freehold
EPC
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Parking
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- Primary use
- High street retail
- Frontage
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Key features
- Rental Income: £75 p.a.
- ERV: £15,075 p.a. GIY: 8.37%
- Comprises ground floor retail shop (Class E) and residential flat at first/second floor (sold-off)
- VAT is NOT applicable to this property
- Residential ground rent doubles every 33 years. Valuable leasehold reversion (c.75 years unexpired)
- Occupiers nearby include Sainsbury`s Local, Halfords Autocentre, Takeaway`s, Nail Salon and more.
Description
Rental Income: £75 p.a.
ERV: £15,075 p.a. GIY: 8.37%
VAT is NOT applicable to this property
Comprises ground floor retail shop (Class E) and residential flat at first/second floor (sold-off)
Residential ground rent doubles every 33 years. Valuable leasehold reversion (c.75 years unexpired)
Situated on the north side of Christchurch Road, close to its junction with Waltham Road.
Occupiers nearby include Sainsbury`s Local, Halfords Autocentre, Takeaway`s, Nail Salon and more.
Property Description:
Comprises ground floor retail shop (Class E) and self-contained residential flat at first/second floor which has been sold-off on long leasehold. The property provides the following accommodation and dimensions:
Ground Floor: 65.5 sq m (705 sq ft)
Open plan retail, storage, kitchen, wc
First/Second Floor: Residential flat (sold-off)
Tenancy:
The retail shop is at present vacant. ERV: £15,000 p.a.
The residential flat has been sold-off on long leasehold for a term of 99 Years from 24th June 2002 at a ground rent of £75 p.a. Fixed ground rent increase to £150 p.a. on 24.06.2035 and £300 p.a. on 24.06.68 until the remainder of the term. Reversion 2101 (c. 75 years unexpired).
Location:
Bournemouth is an important regional, commercial and tourist centre on the South Coast located 32 miles west of Southampton. The town benefits from good communications being located on the A35/A338 which leads to the A31 trunk road to the east of the town, which in turn connects to the M27 south coast motorway. Pokesdown Railway Station is just a short walk from the property. Bournemouth Station is the next stop and offers direct services to London (approximately 2 hours), as well as Birmingham and Manchester. The property is situated on the north side of Christchurch Road, close to its junction with Waltham Road. Occupiers nearby include Sainsbury`s Local, Halfords Autocentre, Takeaway`s, Nail Salon and many more.
- Service charge
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- Business rates
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- Use class
- E
- Listed building
- No
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- BREEAM rating
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- Environmental description
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Brochure
1076/1076A Christchurch Road, Bournemouth, Bournemouth Christchurch Poole
About BLUE ALPINE PARTNERS LIMITED, London
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.
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Disclaimer - Property reference 1076christchurchsale. 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 PARTNERS LIMITED, 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.