For Sale By Auction | 12.00, 11 December 2019 | Lot 47

Ground Floor Shop, 509 Christchurch Road, Bournemouth, Dorset, BH1 4AG

Sold £91,000

  • Commercial Property
  • Tenure: Leasehold. The property will be held on a new 125 year lease on or before completion.

Call the team on 020 7625 9007 for more information

Auction Date

Wed 11/12/2019

Auction Time

12.00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

A Well Located Commercial Investment Producing £8,000 per annum

The property comprises a ground floor lock up shop with a basement (approx. 1,055 sq ft in total) situated within an end of terrace corner building arranged over ground and two upper floors.

Tenure

Leasehold. The property will be held on a new 125 year lease on or before completion.

Lot 46 & 47 to be Offered Either Collectively or Individually

Location

The property occupies a prominent corner position within an established parade on a busy shopping thoroughfare. Nearby Multiples include Iceland Supermarket, McDonalds and Richer Sounds. Transport links are provided by Bournemouth rail station.

Accommodation

Lower Ground Floor Basement measuring approx. 35 sq m (377 sq ft) Ground Floor Sales Area measuring approx. 63 sq m (678 sq ft) G.I.A approximately 98 sq m (1,055 sq ft)

Tenancy

The property is let to Andrzej Majewski trading as a phone/laptop repair shop on an FRI lease for a term of 5 years commencing 12th October 2017 at a rent of £8,000 per annum.

Current Rent Reserved

Current Rent Reserved £8,000 per annum

In accordance with the EA Act 1979 a connected person to AHL has an interest in this property.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £900 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.