40-40A Southbourne Grv Local commercial 158 m² À vendre Bournemouth BH6 3RA 892 847 € (5 653,25 €/m²)

The property is available to purchase freehold subject to and with the benefit of the existing tenancies and income. Sale price is £780,000 exclusive of VAT.
The property comprises ground floor commercial space fronting Southbourne Grove with two new residential units above, accessed from New Park Road.
The ground floor extends to approximately 158m² (1,700 ft²) and is occupied by The Bournemouth Coffee Company, trading as Costa Coffee. They have been in occupation since 2011 and are currently occupying by way of a 10year lease from March 2022 at a commencing rent of £28,000. Subject to rent review and break at 5 years.
1 No. 2 bed and 1 No. 1 bed flat have just been formed in the upper parts and are let by way of ASTs for £995 & £1,250 pcm respectively.
Both the commercial and residential elements have been completely refurbished, including a new roof to the main building.
Total income is currently £54,940.
The property is located in the popular Bournemouth suburb of Southbourne. Sited in a prime location, the area has seen a surge in popularity in recent years with a number of successful independent traders combining with national operators. Punctuated by its close proximity to the beach, excellent transport links, including the mainline Pokesdown station (0.5 miles), the area benefits from superb footfall. Bournemouth Town Centre is approximately 3 miles to the west with Christchurch 2 miles to the east.