MapRetail property (high street)
Retail property (high street)
Features and description
- Tenure: Freehold
- Shop currently rented at £20,000 p.a.
- Total income from flats £23,400
- Good location
- Total rental income £43,400 p.a.
Situation and Description
The property is located a short distance from Christchurch Town Centre between the two bridges on Bridge Street. The property is located immediately opposite Prezzo.
The ground floor currently provides a lock up shop with kitchenette and cloakrooms and there are two flats above.
Shop currently rented at £20,000 p.a.
Total income from flats £23,400
Good location
The incoming tenant will be responsible for their own legal fees.
£750,000 freehold
Alternatively the long leasehold (999 years) of the shop only can be purchased at £300,000.
Ground Floor
Gross Internal Area of
whole of ground floor shop: 2,464 sq.ft. (229 sq.m.)
Flat 1
3 Bedrooms, Kitchen, Lounge, Bathroom
Flat 2
2 Bedrooms, Kitchen, Lounge, Bathroom
The shop is let on a 5 year lease expiring on 2nd March 2028 at a rental of £20,000 p.a.. A two month deposit is being held and there is a directors guarantee in place.
Flat 1 is let at £13,200 p.a. for 6 months from 6th May 2023.
Flat 2 is let at £10,200 p.a. for 6 months from 19th June 2023.
SHOP AND FLATS - FOR SALE
The property is located a short distance from Christchurch Town Centre between the two bridges on Bridge Street. The property is located immediately opposite Prezzo.
The ground floor currently provides a lock up shop with kitchenette and cloakrooms and there are two flats above.
Shop currently rented at £20,000 p.a.
Total income from flats £23,400
Good location
The incoming tenant will be responsible for their own legal fees.
£750,000 freehold
Alternatively the long leasehold (999 years) of the shop only can be purchased at £300,000.
Ground Floor
Gross Internal Area of
whole of ground floor shop: 2,464 sq.ft. (229 sq.m.)
Flat 1
3 Bedrooms, Kitchen, Lounge, Bathroom
Flat 2
2 Bedrooms, Kitchen, Lounge, Bathroom
The shop is let on a 5 year lease expiring on 2nd March 2028 at a rental of £20,000 p.a.. A two month deposit is being held and there is a directors guarantee in place.
Flat 1 is let at £13,200 p.a. for 6 months from 6th May 2023.
Flat 2 is let at £10,200 p.a. for 6 months from 19th June 2023.
SHOP AND FLATS - FOR SALE
Property information from this agent
About this agent
We can deal with all aspects of property advice ranging from valuation, building surveying and project management to commercial and business agency. We also manage an extensive range of both commercial and residential property across the South and South-West of the country. Whether your property is occupied or vacant we can help you make the best of it.