243 Holdenhurst Road, Bournemouth, BH8 8DA

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Reference: SGC/6424
Status: Under Offer
Property Type: Investment
Property Term: for sale freehold
Contract: For Sale
Size: 301ft2
Price: £74,950

LOCATION

The property is situated midway along this busy main arterial road approximately 50 yards from Aldi and Tesco Express opposite.

There is a good mix of established retailers, takeaways and office occupiers within the immediate vicinity and the premises benefit from on street parking opposite and being immediately adjacent a pelican crossing.

ACCOMMODATION

Ground floor

Shop

Street frontage  18’ 2” 
Internal Width    17’ 1” max
                              15' 3" min
Depth                   22’ 8" max
                              14’ 1" min
Net Retail Area   301 sq ft 

Cloakroom / WC

LEASES

The shop is let to an established gents barbers on an original 15 year full repairing and insuring lease from 20th April 2018 at a current rent of £6,000 pax paid monthly in advance, subject to 3 year rent reviews (RPI linked uncapped / uncollared)


The 4 upper floor flats are all sold off as follows:

Flat 1    99 year lease from 25.9.2014 at £250 pa doubling every 25 years
Flat 1b 125 year lease from 1.1.2014 at £250 pa doubling every 25 years
Flat 2   125 year lease from 1.1.2014 at £250 pa doubling every 25 years
Flat 3   125 year lease from 1.1.2014 at £250 pa doubling every 25 years

Total Net Income - £7,000 pax 

PRICE

£74,950 for the freehold interest, subject to and with the benefit of the occupational lease of the ground floor shop and ground leases of the 4 flats over.

ENERGY PERFORMANCE CERTIFICATE 

Assessment - Commissioned

50.7304505, -1.8581214

Property Misdescription Act and Misrepresentation Act: These particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract. Nettleship Sawyer cannot guarantee the accuracy of any description, dimension, references to condition, necessary permissions for use and occupation and other details contained herein and the prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy. No employee of Nettleship Sawyer has any authority to make or give any representations or warranty or enter into any contract whatever in relation to the property. Rents or prices quoted in these particulars may in addition be subject to VAT. Nettleship Sawyer will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.