Freehold Restaurant and Residential Investment
Freehold Restaurant and Residential Investment
Bournemouth is a highly popular coastal resort and university town home to over 17,000 students. The property is situated on the southern side of Old Christchurch road close to the Lansdowne Roundabout. The property occupies a busy trading position in the heart of Bournemouth's restaurant and leisure district with tenants including KFC, Domino's, O'Neills and many more local restaurants, takeaways and bars.
Freehold.
Bournemouth is a highly popular coastal resort and university town home to over 17,000 students. The property is situated on the southern side of Old Christchurch road close to the Lansdowne Roundabout. The property occupies a busy trading position in the heart of Bournemouth's restaurant and leisure district with tenants including KFC, Domino's, O'Neills and many more local restaurants, takeaways and bars.
Freehold.
The property comprises a ground floor restaurant together with 4 flats on the upper three floors.
VAT is not applicable to this lot.
Six week completion
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a ground floor restaurant together with 4 flats on the upper three floors.
VAT is not applicable to this lot.
Six week completion
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas Approx sq m |
Floor Areas Approx sq ft |
Tenant | Term | Rent p.a.x. | Rent Review |
|---|---|---|---|---|---|---|---|
| Ground | Restaurant | 83.80 |
(896) |
Individual (t/a Dosa World Sri Lankan and Indian Restaurant) (1) |
25 years from 11/07/2008 until 10/07/2033 |
£22,000 |
11/07/2023 and 11/07/2028 |
| First (Flat 1) | Residential | - |
- |
Individuals | AST for 1 year from 19/10/2022 until 18/10/2023 |
£14,520 |
|
| Second (Flat 2) | Residential | - |
- |
Individuals | AST for 1 year from 08/02/2023 until 07/02/2024 |
£14,520 |
|
| Third (Flat 3) | Residential | - |
- |
Individuals | AST for 1 year from 31/10/2022 until 20/10/2023 |
£16,620 |
|
| (Flat 4) | Residential | - |
- |
Individual | AST for 1 year from 19/10/2022 until 18/10/2023 |
£11,520 |
|
| Total | 83.80 |
(896) (2) |
£79,180 |
(1) Founded in 2008, Dosaworlddorset is known for revolutionizing the way people eat and enjoy food. We take pride in our ability to discover the most unique flavors of South India and Sri Lanka. Source: www.dosaworlddorset.co.uk 19/04/2023).
(2) The floor areas stated above are hose published by the Valuation Office Agency (www.voa.gov.uk)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.
If you have a query, please fill in the box below, otherwise click the Submit button.
We will keep you updated about lot xthis property.
In the meantime, if you would like to speak to the Surveyor about this property, please call on .
Are you sure you want to remove this property from your Watch List?
Are you sure you are no longer interested in this property?
Are you sure you want to delete your Account?
