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£350,000 Guide price

2 bedroom property for sale

Southbourne Grove, Southbourne, Bournemouth, Dorset, BH6

£350,000 Guide price

2 bedroom property for sale

Southbourne Grove, Southbourne, Bournemouth, Dorset, BH6

Description

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Nearest stations

Pokesdown (0.6mi.)
Christchurch (1.5mi.)
Bournemouth (2.2mi.)

Nearest schools

school icon  Pokesdown Community Primary School (0.4mi.)
Outstanding
school icon  Bournemouth Collegiate School (0.5mi.)
school icon  St James' Church of England Primary Academy (0.6mi.)
Good

Property description

A superb opportunity to acquire a commercial unit of 94m2 along with a two bedroom apartment above along with the freehold and two off road parking spaces.

A rare opportunity to acquire a large commercial unit as well as a spacious two double bedroom first floor apartment on Southbourne Grove with the freehold and two off road parking spaces.

The commercial unit is currently let at £900pcm (£10,800pa) with a rateable value of £7,400, a gross area of 94m2 ( according to details provided ) and A1 usage.

Having undergone significant refurbishment in recent years, the unit could could be purchased with or without a negotiated new lease with the current business, who would look to remain (or will relocate locally if this is not required by the new owner) and thus the business is unaffected.

The apartment, which is directly above the commercial unit, is spacious and well-presented throughout, offering two off road parking spaces and a terrace. The apartment is currently let for £750pcm, although we believe a higher rent of £795pcm could be achieved and is available either with tenants in situ or vacant possession.

The commercial unit can be purchased separately with a guide price of £150,000, producing a current gross yield of 7.2%.

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Map

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Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

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