£165,000
(£175.91/sq. ft)
Property for sale4 Lansdowne Road, Bournemouth, Dorset BH1
938 sq. ft
Available immediately
About this property
Currently rented at £15,000 per annum for a term of 10 years
Gross floor area: 938 sq.ft. (87.21 sq.m.) approx.
Share of the freehold
Situation and Description
The property is situated close to the Lansdowne roundabout in an established secondary trading area on the edge of the town centre that caters for the office workers from the central business district as well as the numerous students from the University and College.
The premises consist of a retail sales area and lower sales area and benefits from kitchenette and WC.
Planning
Class E use
Legal Fees
Each party will be responsible for their own legal fees.
EPC
Rating b-45
Costs
Once a letting has been agreed, the proposed tenant will need to make a non-refundable applicant charge of £600 plus VAT.
Accommodation Text
Shop Width: 18'04" (5.6m)
Shop Depth: 23'3" (7.1m) max.
Sales Area: 427 sq.ft. (39.76 sq.m.) approx..
Rear Sales Area: 110 sq.ft. (10.28 sq.m.) approx..
Basement (Gross Internal Area) 400 sq.ft. (32.17 sq.m.)
Gross Floor Area: 938 sq.ft. (87.21 sq.m.) approx..
WC and Kitchenette
Tenure Comments
Tenancy
The premises are let to Fade Parturi Limited and Karzan Asaad Abdulmajeed on a 10 year lease expiring 10 September 2034 at a rental of £15,000 per
annum. There is a rent review on 11 September 2029.
Price
The long leasehold will be available to purchase at £165,000 for the existing 999 year lease which started on 1st January 2021.
The purchaser will also acquire one sixth share in the freehold management company which owns and manages the building including five residential units over.
Long leasehold investment for sale
The property is situated close to the Lansdowne roundabout in an established secondary trading area on the edge of the town centre that caters for the office workers from the central business district as well as the numerous students from the University and College.
The premises consist of a retail sales area and lower sales area and benefits from kitchenette and WC.
Planning
Class E use
Legal Fees
Each party will be responsible for their own legal fees.
EPC
Rating b-45
Costs
Once a letting has been agreed, the proposed tenant will need to make a non-refundable applicant charge of £600 plus VAT.
Accommodation Text
Shop Width: 18'04" (5.6m)
Shop Depth: 23'3" (7.1m) max.
Sales Area: 427 sq.ft. (39.76 sq.m.) approx..
Rear Sales Area: 110 sq.ft. (10.28 sq.m.) approx..
Basement (Gross Internal Area) 400 sq.ft. (32.17 sq.m.)
Gross Floor Area: 938 sq.ft. (87.21 sq.m.) approx..
WC and Kitchenette
Tenure Comments
Tenancy
The premises are let to Fade Parturi Limited and Karzan Asaad Abdulmajeed on a 10 year lease expiring 10 September 2034 at a rental of £15,000 per
annum. There is a rent review on 11 September 2029.
Price
The long leasehold will be available to purchase at £165,000 for the existing 999 year lease which started on 1st January 2021.
The purchaser will also acquire one sixth share in the freehold management company which owns and manages the building including five residential units over.
Long leasehold investment for sale
Mortgage calculator
Monthly repayment
£825 per month
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