Retail premises for sale

718 Christchurch Road, Boscombe, Bournemouth BH7

Description

Boscombe is a busy and popular residential and commercial district approximately 1.5 miles east of Bournemouth Town Centre and 5 miles west
of Christchurch Town Centre.

The property occupies a highly prominent corner position located at the junction of Portman Road and Christchurch Road at the busy traffic light junction.

The property consists of a large unit with window frontage to the front and side. Internally there is a large open planned space and benefits from a good sized kitchen and cloakroom/WC.

The property also has planning permission to develop two residential units at the rear.

The property not only offers a spacious retail environment but also comes with the added benefit of planning permission (Application No: E) to develop two residential units at the rear. This includes a one-bedroom garden apartment and a one-bedroom duplex apartment, providing a unique chance to diversify your investment portfolio. The potential for additional rental income from these residential units makes this property even more appealing.

• Planning for 55m2 garden apartment
• Planning for 80m2 duplex apartment

Accommodation

Net floor area: 861.11 sq.ft. (80 sq.m.) approx..
Cloakroom/WC
Kitchen

Planning

Class E Use
Former A1/ A2 Retail and Financial/Professional Services

Planning permission granted for development of two residential units at the rear. This includes a one bedroom garden apartment and a one-bedroom
duplex apartment.
(Application No: E

Price

£199,950 Freehold
This price also includes the leasehold interest for Flat 718A Christchurch Road. The lease was granted for a term of 125 years from 25 December 2016 and currently generates a ground rent income of £250 per annum.

We are legally required to carry out anti-money laundering checks (aml) on the tenant, purchaser or director of a Limited company. There is an
administration fee of £30.00 plus VAT for each aml check