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Offers in region of

£350,000

Retail premises for sale
1 Church Street, Christchurch BH23

    Freehold
    Added on 24/05/2024

    About this property

      Key Points

    • Extremely prominent corner location (Old Town) tourist destination
    • Licenced premises fitted out to a high standard
    • Let on a 10 year lease from September 2023, thus expiring September 2033
    • 5 year upward only rent review and tenant break option
    • Total rental income - £27,540 per annum exclusive

    • Description

      This mixed-use investment property is arranged over 3 storeys and is of brick construction under a pitched roof. The property is prominently located fronting both Church Street and Bridge Street and the ground floor is currently operating as a bar. The ground floor mainly open plan with the bar/seating area with two WCs and a rear store room/cellar. Located on the first and second floors are two self-contained flats which have both been sold on long
      leasehold interests.

      Location

      The subject property occupies a prominent position on Church Street, which is a popular destination for restaurant, bar and take-away operates. The property is approximately 100m from Christchurch Priory and approximately 150m
      from Christchurch High Street where numerous multiple retailers are represented, together with independent shops, cafés and financial/professional service providers.

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      Monthly repayment

      £1,750 per month

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