Retail premises for sale

Poole Road, Bournemouth BH4

Location


The property is situated at the western end of Poole Road, a couple of doors away from HSBC Bank and close to M&S Food in a good secondary trading location.

This section of Westbourne benefits from being on the main pedestrian route between Liverpool Victoria and other major office buildings into the main shopping centre of Poole Road and having the M&S Food car park immediately behind.

Other occupiers within close proximity include Starbucks, Betfred and Fred Olsen.

Westbourne is a bustling affluent suburb approximately 1 mile to the west of Bournemouth town centre and enjoys a well-supported shopping centre serving the adjoining affluent suburbs of Canford Cliffs, Sandbanks, Branksome Park and Talbot Woods.
Accommodation and leases


Ground Floor

Shop

Internal Width 15’3” max

Depth 35’ max

Retail Area: 488 sq ft

Basement: 452 sq ft

Shop and basement are let on a 10 year full repairing and insuring lease from 17th May 2021 at a current rent of £13,500 pax subject to 3 year rent reviews. (The rent review from May 2024 has not been implemented).

There are tenant only break clauses in May 2027 and 2030. There is a 3-month rent deposit held.

Maisonette over 115a

(With access fronting Poole Road)

First Floor

Kitchen/Diner 172 sq ft

With fully fitted kitchen and appliances

Lounge 297 sq ft

½ landing Shower/WC

Second floor

Bed 1 176 sq ft

Bathroom/WC

Bed 2 181 sq ft

Third floor

Bed 3 228 sq ft

Maisonette let on a 12 month Assured Shorthold Tenancy at a rent of £16,200 pa.
Income


Total current income - £29,700 pax
Price


£360,000 Freehold
Energy performance certificate


Shop – Band C Rating 55

Flat – Band D Rating – 58