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Betfred, Bournemouth

Basic Facts

Property ID: 17737 Post Updated: 2023-11-08 12:36:55
Status: Type:
Tenure: Virtual Freehold Area: 1275 sq ft
VAT applicable: Yes

Property Description

  • Virtual Freehold (999 years leasehold) betting shop investment
  • Total Ground floor retail unit comprises of 1,275 sq ft

Location Description

  • Located on the High St in the town centre, in close proximity of Bournemouth Pier
  • Nearby retailers and landmarks includes Premier Inn, Westbourne Medical Centre, JD Wetherspoons & Tesco’s
  • Bournemouth is a popular coastal resort town with a population of c.200,000 making it the largest town in Dorset

Accommodation & Tenancy Schedule

  • Unit let to Done Brothers (Betfred) for £20,750 p.a.
  • Currently in legals to renew exisiting lease to provide 5 years from January 2023, with a break clause in January 2026
  • Betfred was founded in 1967 and operates from 1,470 licensed betting offices throughout the UK
  • For the year ended September 2019 Done Brothers (Cash Betting) Limited reported a turnover of £390m and Pre-Tax Profits of £60m

Current Opportunities

Current Opportunity

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3500 sq ft
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2500 sq ft
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£ 2,500,000
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Pizza Hut, St. Albans

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1042 sq ft
£ 440,000

Specsavers, Savers & Comfort Sofa’s

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7586 sq ft
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Current Opportunity

Newly Refurbished Warehouse & Offices, Sutton

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11300 sq ft
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Boots & Flat, Chingford, Greater London

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3792 sq ft
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Current Opportunity

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5326 sq ft
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Iceland, Houghton-Le-Spring

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1292.70 sq ft
£ 1,300,000
Current Opportunity

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2595 sq ft
£ 950,000

Nail Salon, Stanmore, Greater London

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692 sq ft
£ 425,000
4992 sq ft
£ 3,800,000

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High Yield

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