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  • Description
  • Address
  • Details
  • Features

Description

The premises comprise ground floor restaurant accommodation with residential space above.

The Ground floor measures approx 76 Sq.M. (818 Sq.Ft.) and is configured to provide open plan seating area to the front with open kitchen and feature charcoal cooking area. Toilets are located to the rear.

N.B. In light of COVID restrictions we have been unable to inspect the residential accommodation prior to producing these particulars.

Accessed by private entrance adjacent the commercial, we understand that the first floor is presented in good order throughout and is configured to provide kitchen, bathroom 2 x double bedrooms and 1 x single bedroom.

LOCATION

Located centrally in Bournemouth on the man thoroughfare of Old Christchurch Road, the property provides excellent access to a number of transport options with several bus routes passing by, the Bournemouth Travel Interchange being less than a mile away, and the A338 Wessex Way of similar distance. The shops, bars and restaurants of the town are a short walk away.

TENURE

The premises are available to purchase freehold with the benefit of the below leases:

Ground floor is let to Halaby Ltd with a personal guarantee at £15,000 per annum exclusive for 7 years until until 2024

Upper parts are let to Vida Amorosa Ltd T/a Viespace at £12,000 per annum for 3 years until August 2023. Breakable at 6 months notice

SALE PRICE

£375,000 We understand that VAT is not payable on this transaction.

PLANNING

We understand that the unit has planning consent for A3 restaurant and A5 takeaway use.

In accordance with our usual practice all interested parties are encouraged to contact Bournemouth Borough Council, planning department ) with respect to the authorised use of the property.

LEGAL COSTS

Each party to bear their own in this transaction.

VIEWINGS

Strictly by prior appointment through the agents, Watts Holt.

FINANCE ACT 1989

Unless otherwise stated, all prices and rents are exclusive of Value Added Tax. Purchasers or Lessees must satisfy themselves as to the incidence of VAT in respect of any transaction.

RATES

We understand that the rateable value for the commercial is £10,500 per annum.
We would expect there to be no business rates payable for this property during this time.
The residential element sits within Council Tax Band B
Interested parties are advised to obtain confirmation of the rateable value and council tax payable from the local authority.

IMPORTANT NOTE

At no time has a structural survey been undertaken and appliances have not been tested. Interested parties must satisfy themselves as necessary as to the integrity of the premises and condition therein

Property Documents

  • 250 Old Christchurch Road Particulars
  • Address: 250 Old Christchurch Road
  • City: Bournemouth
  • State/county: Dorset
  • Zip/Postal Code: BH1 1PF
  • Country: United Kingdom

Detail

  • Price: £375,000
  • Property Type: Investment
  • Property Status: For Sale

Contact info

Jason Watts
Jason Watts
01202 46158607798 753513
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