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12 Bridge Street, Christchurch, Dorset, BH23

£750,000

£304.38 per sq. ft.

Business rates & charges may apply

Ellis and Partners Limited, Bournemouth
SIZE AVAILABLE
2,464 sq. ft.
(229 sq. m.)
SECTOR
Mixed use property for sale
USE CLASS
Use class orders: A1 Shops and C3 Dwelling Houses
A1, C3

Key features

  • Shop let at a current rental of £15,600 p.a. rising to £20,000 p.a.
  • Current total income from flats £20,300
  • Freehold investment

Property description

Tenure: Freehold

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.

ACCOMMODATION
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

TENURE
The shop is let on a 5 year lease at a rental of £15,600 p.a. rising to £20,000 p.a. after 2 years. A two month deposit is being held and there is a directors guarantee in place.

Flat 1 is let at £11,000 p.a. for 1 year from 7th December 2017.

Flat 2 is let at £9,300 p.a. for 6 months from 28th July 2017 (expired)

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

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

VIEWING AND FURTHER DETAILS
By arrangement with Ellis and Partners through whom all negotiations are to be conducted.

Tel:
Website:

Brochures

12 Bridge Street, Christchurch, Dorset, BH23

Approximate location

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

About Ellis and Partners Limited, Bournemouth

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

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Notes

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Disclaimer - Property reference C4888. 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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