LOT 3 · COMMERCIAL PROPERTY
95 Old Christchurch Road
Bournemouth, BH1 1EP
A Rare Grade II Listed Mid Terrace Building Arranged to Provide Two Ground Floor Shops and First Five Flats Sold Off And Let on a Long Lease With an Income Producing £29,000 Per Annum
Property description
The Property comprises two investment income producing retail shops situated within a mid terrace grade II listed building arranged over basement, ground, first, second, third and fourth floors. The ground floor is let INDIVIDUALS t/a Bond’s Gentleman’s Barbershop (1) 10 years from 25/03/2014. *The lease has been extended to 25th March 2028
Location
Situated in a prime, pedestrianised section of the bustling town centre, this property occupies a high-traffic trading position and nearby multiples. Bournemouth, a popular seaside resort on the south coast, is located about 30 miles southwest of Southampton and less than 6 miles east of Poole, with excellent road connections via the A31 to the M27.
Addendum
INDIVIDUALS t/a Bond’s Gentleman’s Barbershop (1) 10 years from 25/03/2014. *The lease has been extended to 25th March 2028
Run the Numbers
Explore rental returns and monthly repayments for this property.
Your rental returns
- Gross yield
- 8.3%
- Net yield
- 8.3%
- Annual income
- £29,004
Net yield deducts your annual running costs, before tax and finance.
Yields use the purchase price and assume 12 months’ rent. Include maintenance, insurance, management and vacancy allowances in annual costs. Tax, finance and purchase fees are excluded.
Illustrative estimates only, not financial advice or a lending offer. Confirm funding and the completion deadline before bidding.
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