544 Christchurch Rd 1,345 sq ft Retail Property Bournemouth BH1 4BE £555,000 (£412.64/sq ft)

Offers Invited in the region of £555,000 for the freehold interest in the property.
It is understood VAT is applicable to this transaction.
The Property is situated just off the pedestrianised section of Christchurch Road. It is in the vicinity of multiple retailers including McDonalds, Primark, CEX, Boots the Chemist,
Greggs and Esquires Coffee. The O2 Academy is in close Proximity.
The ground floor commercial unit benefits from a double frontage, LED suspended ceiling, large rear store area and rear access. It is currently trading as ‘Cash Converters’.
The upper parts are split into two, large 3-bedroom flats both identical shape and size, accessed from the rear of the property. Flat 2B has been recently renovated.
All tenants have expressed a strong desire to remain in their associated tenancies.
Tenancy Details:
Ground Floor Shop
Let by way of a 10 year effective full repairing and insuring lease commencing 1st
December 2025 to Dorset Vaults Limited (T/A Cash Converters) at a rental of £17,250
per annum plus VAT. There is a break clause and rent review on the 5th anniversary of
the term.
Flat 1A (544A)
Let by way of a statutory periodic tenancy dated 19 January 2025 at a rental of £12,600
per annum (£1,050 PCM) to a private individual. The tenant has lived at the property for
7 Years.
Flat 2B (544B)
Let by way of a an assured shorthold tenancy for a period of 12 months from 12 May 2025
at a rental of £12,600 per annum (£1,050 PCM) to a private individual. The tenant has
lived at the property for approximately 3 years.