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St Peters Quarter Old Christchurch Rd 70,912 sq ft 100% Let Retail Property Bournemouth BH1 2AD £4,935,000 (£69.59/sq ft) 10% Net Initial Yield
Investment Highlights
- Excellent connectivity
- Prominent position
- Close proximity to local amenities
Executive Summary
Comprising a substantial, 70,912 sq ft mixed use block situated in the heart of Bournemouth Town Centre. Multi let producing a current income of £526,785 per annum. Freehold.
Planning granted for 32 Student halls of residents as well as numerous other short term asset management opportunities.
Planning granted for 32 Student halls of residents as well as numerous other short term asset management opportunities.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
70,912 sq ft
Costar Property Class
B
Year Built
1986
Price
£4,935,000
Price per sq ft
£69.59
Yield
10%
NOI
£493,500
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
5
Plot ratio
2.42
Total Plot Size
0.67 ac
Frontage
51 ft on Old Christchurch Road
Amenities
- Security System
- Roller Shutters
- Storage Space
- Air Conditioning
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Nearby Major Retailers
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St Peters Quarter | Old Christchurch Rd
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