Supermarket & 2 Flats, Boscombe
544 Christchurch Rd, Boscombe, Bournemouth BH1 4BE, UKBasic Facts
| Property ID: 12963 | Post Updated: 2021-05-17 15:49:43 |
| Status: Available | Type: Residential Supermarket |
| Tenure: Freehold | Gross Rent: £ 35,800 |
| Lease Term: 5 years from Jul '19 | Lease Term Expiry Date: 28/07/24 |
| Years left on Lease: 0.2 |
Property Description
- Freehold Supermarket and Residential Investment
- Ground floor shop and studio flat with a maisonettes on first and second floor.
Location Description
- Boscombe is located 2 miles east of Bournemouth and 26 miles south-west of Southampton on England’s south coast
- The property is situated on the southern side of Christchurch Road (A35), approximately 300m from the Sovereign Shopping Centre. Sovereign Shopping Centre houses retailers including Boots the Chemist, Lidl, Wilko and Caffe Nero with other occupiers on Christchurch Road including Sainsbury’s, Primark, WH Smith and Superdrug.
Additional Notes
- Ground Floor let to European supermarket (t/a Kubus Minimarket) for 5 years from 29/07/2019 with passing rent of £8,400 p.a. FR&I (Reversion 2024).
- 540a flat: First and Second floor Maisonette with 4 rooms, kitchen and bathroom/WC. Let on 4 license agreements from 2020, each at £100 pw (£5,200) equalling £20,800 pa.
- 540b flat: Ground floor studio (rear) with 1 room/kitchen, bathroom/WC. Assured shorthold tenancy for 6 months from 28.10.2020 equalling £6,600 pa.
Features
Customer car parking
Finance available
Freehold
Minimum Rental Uplifts
Residential element
Under £500k
