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£425,000

(£580.60/sq. ft)

Property for sale
Westbourne Arcade, 10/10A Poole Road, Westbourne, Bournemouth, Dorset BH4

    • 732 sq. ft

Available immediately
Freehold
Added on 22/07/2024

About this property

  • Situated in the sought after Westbourne Arcade

  • Ground floor lock up shop rented at £15,000 p.a.

  • Maisonette Flat rented out at £12,000 p.a.

  • Total receivable rent £27,000 p.a.

Situation and Description

Situated in the popular Westbourne Arcade which is a busy thoroughfare which connects Poole Road to Seamoor Road and consists of many independent retailers.

The property consists of a ground floor shop and flat over first and second floors. The property benefits from a newly installed slate roof and is Grade II Listed

Planning

Shop - Class E Use
From September 2020 this property falls within Class E Commercial Businesses and Services, which include A1, A2, A3, B1, Indoor sports and Medical use, crèche/day nursery
Flat - C4 Use

Legal Fees

Each party will be responsible for their own legal fees.

EPC

Shop Rating - b-38
Flat Rating - c-70

Accommodation Text

Ground Floor Shop - 39.59 sq m / 425 sq ft
Basement - 28.45 sq m / 306 sq ft
Total - 68.04 sq m / 732 sq ft
Private rear garden, access from the basement.

Maisonette flat consists of:
3 bedrooms
Lounge
Kitchen
Bathroom
Separate W/C
Gas central heating
126 sq m / 1330 sq ft in total

Situated in the sought after Westbourne Arcade

Ground floor lock up shop rented at £15,000 p.a.

Maisonette Flat rented out at £12,000 p.a.

Total receivable rent £27,000 p.a.

Tenure Comments

The shop (10 Westbourne Arcade) is currently let on a 6 year lease from March 2023. Rent Review in 2026 Rent is £15,000 p.a. And paid quarterly in advance on usual quarter days.

The flat above (10a Westbourne Arcade) is let on a 5 year lease from May 2023. Rent is £12,000 p.a. Paid quarterly in advance. Vacant possession of the flat is available

Lock up shop and flat
- for sale

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Monthly repayment

£2,126 per month

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