33 Sea Road, Boscombe, Bournemouth, Dorset

GBP 130000 For Sale

Property Details

Property Type

522 sq ft

Description

Property Details: • Type: 522 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Restaurant sold with vacant possession. Ideal for owner/occupier • 8 flats on 125 leases with annual ground rent of £1,850 • Potential rental income for restaurant when let £13,000 p.a. plus VAT approx.

Location: • Nearest Station: Pokesdown Station • Distance to Station: 0.8 miles

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

Full Description: Sea Road is situated in the busy suburb of Boscombe just off the main pedestrianized area. There is plenty of passing traffic and high footfall from the local residential community as well as holiday makers and tourists.The subject premises are located on a prominent corner position. The premises are being sold with vacant possession and ideal for owner occupier or investor.Class E C3 Dwelling houseEach party will be responsible for their own legal fees.Retail shop/restaurant on ground floor and basement currently trading as restaurant/café.8 Flats all let on long leasehold on ground, first and second floors.Restaurant sold with vacant possession. Ideal for owner/occupier8 flats on 125 leases with annual ground rent of £1,850Potential rental income for restaurant when let £13,000 p.a. plus VAT approx.Restaurant/shop - Vacant.Flats 1-7 let on 125 year lease from 2017 at a ground rental of £250 each with uplifts every 15 years.Flat 8 let on 125 year lease from 2nd March 2017 at a ground rent of £100 p.a. with uplifts every 15 years.PRICE£130,000 freehold plus VATVACANT RESTAURANT AND RESIDENTIAL INVESTMENT - FOR SALE

Location

Address

33 Sea Road, Boscombe, Bournemouth, Dorset

City

Bournemouth

Features and Finishes

Restaurant sold with vacant possession. Ideal for owner/occupier, 8 flats on 125 leases with annual ground rent of £1,850, Potential rental income for restaurant when let £13,000 p.a. plus VAT approx.

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Real Estate Broker
Ellis and Partners Limited, Bournemouth
Brokerage
Ellis and Partners Limited, Bournemouth
Top Tags
33 Sea Road Boscombe Bournemouth Dorset
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