£65,000

Property for sale

  1.  845 Christchurch Road, Bournemouth, Dorset, Bh7 6Ar
  2.  845 Christchurch Road, Bournemouth, Dorset, Bh7 6Ar
  3.  845 Christchurch Road, Bournemouth, Dorset, Bh7 6Ar
  4.  845 Christchurch Road, Bournemouth, Dorset, Bh7 6Ar
Auction

From

£65,000

Property for sale

Christchurch Road, Boscombe, Bournemouth BH7

Local area information

Property location

Nearby amenities

  • St Thomas Garnet's School 0.1 miles
  • Corpus Christi Catholic Primary School 0.1 miles
  • Pokesdown 0.2 miles
  • Bournemouth 1.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • 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.
Strapline

Auction Sale - 27/02/2024

Of 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.

Location

Situated 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 East

Transport

Pokesdown Station - National Rail

Tenancy

The 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.

Accommodation

Ground floor shop - Net sales area 384 sq ft (35.67 sq m)

Basement stores - 371 sq ft (34.4 sq m)

More information

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  1. Zoopla
  2. Commercial for sale
  3. Dorset
  4. Bournemouth
  5. Boscombe
  6. Christchurch Road

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