9 East Howe Lane, Bournemouth

Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A

Key Features: • High Yielding Retail Investment • Let to Yilmaz Barber Limited (with personal guarantor) • Lease Expires 31.08.2030 • Forms Part of a Popular Parade • VAT-Free Investment • Investment Let at £7,200 p.a. (12% GIY on Guide Price)

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 33 Margaret Street, London, W1G 0JD

Full Description: The property comprises a high yielding retail investment opportunity forming part of a popular local parade.Arranged across ground floor only the property is currently used as a barbers and is let to Yilmaz Barber Limited on a seven year lease expiring 31.08.2030 and paying £7,200 per annum.The lease is on full repairing and insuring terms and includes a personal guarantor. We understant a rent deposit of £1,500 is held.The property occupies a prominent pitch in the centre of a popular local parade, which forms some of the principal retail amenity for the surrounding residential area. The parade is characterised by local retailers, with the principal grocery amenity, a coop supermarket, being immediately opposite.