16 Southbourne Grove, Bournemouth, Dorset

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

Key Features: • Ground and basement retail unit trading as The Pet Shop Guys let at £16,500 p.a. • Two self contained flats above both let on AST's at £925 pcm and £950 pcm • Total Income £39,000 p.a.

Location: • Nearest Station: Pokesdown Station • Distance to Station: 0.5 miles

Agent Information: • Address: Old Library House, 4 Dean Park Cresent, Bournemouth, BH1 1LY

Full Description: Situation and DescriptionSouthbourne is a popular and affluent residential district approximately midpoint between Bournemouth and Christchurch town centres. Southbourne Grove is the main shopping area that serves not only Southbourne but Tuckton and Boscombe East. The road has a good mix of both local and national retailers including Sainsbury Local, Coffee No1., Tesco Express, Boots the Chemists, Costa Coffee and Loungers Café. The subject property is mid terraced and South facing. The commercial unit comprises an open plan ground floor sales area with storage and cloakroom to the rear. There is rear access into the yard. The commercial unit has two basement rooms that are accessed from a floor hatch. One of the basement rooms is under 14 Southbourne Grove (Post Office). At the rear of the building is an external metal staircase that provides access to both flats. The first floor flat (Flat A) comprises bedroom, lounge, adjoining room to the lounge, large kitchen, bathroom and storage cupboard. The second floor flat (Flat B) comprises two bedrooms, lounge, large kitchen, bathroom and storage cupboard. Outside there is a decent sized yard to the rear of the property that is accessible for both pedestrians and vehicles.PlanningThere is no recent online planning history available about the property.Legal FeesEach party will be responsible for their own legal fees.EPCCommercial shop - Flat A - Rating CFlat B - Rating CAccommodation TextGround floorWidth 12'00" (3.6m)Depth 52'08" (16.1m)Sales Area 624 sq.ft. (57.9 sq.m.) ApproxRear Stores 11'10" x 10'04" (3.6m x 3.1m)ToiletBasement (floor hatch access)Room 1 18'08" x 14'00" (5.6m x 4.2m)Room 2 (under No14) 18'00" x 14'00" (5.4m x 4.2m)Flat 16a (first floor)Bedroom 14'03" x 14'02" (4.3m x 4.3m)Lounge 9'02" x 17'06" (2.8m x 5.3m)Room off Lounge 9'02" x 17'06" (2.8m x 5.3m)Kitchen 12'06" x 14'06" (3.8m x 4.4m)Bathroom 8'03" x 6'00" (2.5m x 1.8m)Bath washbasin and toiletStorage 9'04" x 2'08" (2.8m x 0.8m)Flat 16b (second floor)Bedroom 9'02" x 16'00" (2.8m x 4.8m)Bedroom 9'02" x 19'06" (2.8m x 5.9m)Lounge 14'00" x 13'00" (4.2m x 3.9m)Kitchen 12'06" x 13'06" (3.8m x 4.1m)Bathroom 9'02" x 5'04" (2,8m x 1.6m)bath wash basin and toiletStorage 9'02" x 3'07" (2.8m x 1.1m)Entrance Lobby 12'06" x 6'00" (3.8m x 1.8m)Ground and basement retail unit trading as The Pet Shop Guys let at £16,500 p.a.Two self contained flats above both let on AST's at £925 pcm and £950 pcmTotal Income £39,000 p.a.Tenure CommentsTENANCIESCommercial Premises12 year lease commencing from 12 March 2018 let to The Pet Shop Guys Southbourne Limited Company No. 04468446. Internal repairing lease with service charge contribution of 2/5th of the service costs. Permitted User is Class A1 retail. The lease is subject to 3 yearly RPI rent reviews. The 25th March 2024 rent review has been settled at £16,500 p.a. Flat ALet on an initial six month AST dated 19th November 2020 . The rental is now £950 per calendar month Flat BLet on an initial six month AST dated 30th June 2021. The rent is now £925 per calendar month.Total Income £39,000 p.a.Retail and Residential Investment FOR SALE