845 Christchurch Road, Bournemouth, Dorset, BH7 6AR

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

Key Features: • Of interest to investors. • Let to Blue Ockra Ltd • Trading as a Retro Furniture Shop • Freehold three storey terraced building • Ground floor retail unit let at £6,500 per annum. • Three flats sold on long leases paying £700 pa. • Rent Reserved £7,500 per annum.

Location: • Nearest Station: Pokesdown Station • Distance to Station: 0.2 miles

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

Full Description: StrapLineAuction Sale - 27/02/2024Of interest to investors. A freehold three storey terraced building arranged as a ground floor shop and basement let at £6,500 per annum. There are two upper flats and one to the rear which have been sold on long leases. Investment opportunity. Rent Reserved £7,200 per annum.LocationSituated to the south side of Christchurch Road, close to the junction with Queensland Road,Christchurch Road forms part of the A35 linking Bournemouth and Christchurch which produces a good level of passing trade.Other nearby occupiers include a grocery shop, a bakery, an interior design studio and many other local independent traders and takeaway restaurants. Pokesdown Station is just 0.2 miles to the EastTransportPokesdown Station - National Rail TenancyThe shop and basement are let on a 10 years lease from 25th November 2020 to Blue Ockra Ltd with personal guarantees from the three directors. There is a rent review to OMV and a tenant break option on 24th November 2026.  There was a rent-free period to 25th May 2021 and since then we are advised the rent has been paid regularly each quarter.  The shop trades as a retro furniture and curiosity/artifacts business and previously operated in Camden market. AccommodationGround floor shop - Net sales area 384 sq ft (35.67 sq m) Basement stores - 371 sq ft (34.4 sq m)