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Leasehold Commercial Investment – Gross Yield 10.9%

336 Wimborne Road, Winton, Bournemouth, Dorset BH9 2HH

Commercial
About this Property
2022-07-14
Traditional
Commercial
Description

Lot 17 Click here for addendum Leasehold Commercial Investment – Gross Yield 10.9% 6 Week Completion Situation Located close to the junction with Talbot Road amongst such multiple retailers as Waitrose, Boots Chemist, WHSmith, Holland & Barrett, Betfred, Best-One, Lloyds Bank and Halifax all serving the surrounding residential population being approx. 2 miles north of Bournemouth Town Centre. In addition, Bournemouth University Talbot Campus and Arts University Bournemouth are both approx. 1 mile distant. Bournemouth is a popular seaside resort on the South Coast approx. 30 miles south-west of Southampton. Property Forming part of a semi-detached building comprising a Ground Floor Shop . Accommodation Ground Floor Shop Gross Frontage 17'0” Internal Width 16'2” Shop Depth 30'6'' Built Depth 55'3'' WC VAT is NOT applicable to this Lot Tenure Leasehold for a term of 999 years from 1st January 2019 at a peppercorn ground rent. Tenancy The property is let on an effectively full repairing and insuring lease to C. Manning as a Bubble Tea House for a term of 10 years from 8th February 2019 at a current rent of £18,000 per annum exclusive. Rent Review and Tenant's Break 2024 Note: There is a £9,000 Rent Deposit held.

Location
More Information
Leasehold
Wimborne Road
Planing Authority
Bournemouth, Christchurch and Poole LPA
Sold Price History
31 May 2018Unsold Lot Allsop
18 Mar 2025Withdrawn Lot Savills plc£170,000

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