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718 Christchurch Rd 861 sq ft Retail Property Bournemouth BH7 6BZ £199,950 (£232.23/sq ft)
Investment Highlights
- Prominent corner position on busy Christchurch Road
- Large open-plan retail accommodation
- Development opportunity with planning consent
Executive Summary
The property comprises a prominent corner-position commercial unit located on the busy Christchurch Road in Boscombe, Bournemouth. The freehold sale includes an existing leasehold interest in Flat 718A, generating a ground rent income of £250 per annum. A key feature is the benefit of planning permission (Application No. 7-2021-3357-E) for the development of two residential units at the rear, comprising a one-bedroom garden apartment and a one-bedroom duplex apartment, offering potential for value-add and future rental income.
Property Facts
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
861 sq ft
Costar Property Class
B
Year Built
1960
Price
£199,950
Price per sq ft
£232.23
Tenancy
Single
Number of Floors
2
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Nearby Major Retailers
1 of 12
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718 Christchurch Rd
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