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1484-1490 Wimborne Rd 486 sq ft Retail Unit Offered at £240,000 in Bournemouth BH11 9AB
Investment Highlights
- Flat tenant holding over
- Shop Sales area 486 sq.ft. (45 sq.m.) plus ancillary storage
- Mid terrace shop and self contained 2 bedroom flat
Executive Summary
The Suburb of Kinson is about 4 miles north of Bournemouth Town Centre. There is an established shopping centre that is predominantly occupied by local traders but does include a Tesco Supermarket and Costa Coffee. Banks Parade, which is located between Kinson Road and School Lane, comprises a small parade of 4 shops. The Parade benefits from parking immediately outside for customers. The subject property is a mid terraced shop and flat. The ground floor shop has a main sales area and ancillary stores and offices to the rear and an outside cloakroom. The residential accommodation is accessed from the rear of the building. The accommodation comprises 2 bedrooms, lounge kitchen and bathroom. There is a long term tenant in occupation of the flat. The flat is in need of renovation and modernisation throughout.
1 Unit Available
Unit 1486
| Unit Size | 486 sq ft | Unit Use | Retail |
| Price | £240,000 | Sale Type | Owner Occupier |
| Price Per sq ft | £493.83 | Tenure | Freehold |
| Unit Size | 486 sq ft |
| Price | £240,000 |
| Price Per sq ft | £493.83 |
| Unit Use | Retail |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
Description
Mid terrace shop and self contained 2 bedroom flat.
Sale Notes
Freehold £240,000 subject to the existing residential tenancy. The flat has a long standing tenant who is holding over on an expires Assured Shorthold Tenancy (AST). The AST was for a period for 36 months from 21st June 2018 at a rental of £420.00 pcm.
Property Facts Sale Pending
| Total Property Size | 2,815 sq ft | Floors | 2 |
| Property Type | Retail (Unit) | Typical Floor Size | 2,815 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1961 |
| Costar Property Class | B |
| Total Property Size | 2,815 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 2,815 sq ft |
| Year Built | 1961 |
Amenities
- Storage Space
Nearby Major Retailers
Presented by
1484-1490 Wimborne Rd
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