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Ellis & Partners - Bournemouth

Sea Road is situated in the busy suburb of Boscombe just off the main pedestrianized area. There is plenty of passing traffic and high footfall from the local residential community as well as holiday makers and tourists. The subject premises are located on a prominent corner position. The premises are being sold with vacant possession and ideal for owner occupier or investor. Class E C3 Dwelling house Each party will be responsible for their own legal fees. Retail shop/restaurant on ground floor and basement currently trading as restaurant/café. 8 Flats all let on long leasehold on ground, first and second floors. Restaurant sold with vacant possession. Ideal for owner/occupier 8 flats on 125 leases with annual ground rent of £1,850 Potential rental income for restaurant when let £13,000 p.a. plus VAT approx. Restaurant/shop - Vacant. Flats 1-7 let on 125 year lease from 2017 at a ground rental of £250 each with uplifts every 15 years. Flat 8 let on 125 year lease from 2nd March 2017 at a ground rent of £100 p.a. with uplifts every 15 years. PRICE £130,000 freehold plus VAT VACANT RESTAURANT AND RESIDENTIAL INVESTMENT - FOR SALE

Property reference 109FH. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Ellis & Partners - Bournemouth.

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Sea Road is situated in the busy suburb of Boscombe just off the main pedestrianized area.  There is plenty of passing traffic and high footfall from the local residential community as well as holiday makers and tourists.  The subject premises are located on a prominent corner position.    The...

Retail property (high street) for sale

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