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.

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

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.