Commercial Property in Boscombe available for sale
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Grocery & Local Shops for Sale near Boscombe

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Grocery & Local Shops for Sale Within 5 miles of the Boscombe

More details for 58-61 Westover Rd, Bournemouth - Retail for Sale

58-61 Westover Rd

Bournemouth, BH1 2BZ

  • Retail for Sale
  • £975,000
  • 2,215 sq ft
  • 1 Unit Available
  • Energy Performance: D

Bournemouth Retail for Sale

Investment Consideration: Gross Initial Yield: 7.69% Rental Income: £75,000 p.a. VAT is applicable to this property. TOGC available. Let until December 2039. No breaks. Rent reviews in 2029 and 2034. Comprises upper ground floor restaurant premises t/a Prezzo Benefits from large glass frontage and external terrace with sea views Prime leisure location between the town centre and the seafront less than 100m from three major council car parks providing a total of over 450 parking spaces Nearby occupiers include Nando's, Pizza Express, Five Guys, Starbucks and more. Tenancy: The property is at present let to Prezzo Trading Limited for a term of 25 years from 4th December 2014 at a current rent of £75,000 per annum and the lease contains full repairing and insuring covenants. Rent review on 04.12.29 and 04.12.34 open market upward only. No breaks. Lease within Landlord & Tenant Act 1954. Tenure: Virtual freehold. Held on a 999 Year lease from 25th December 2001 at a fixed ground rent of £1 p.a.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Restaurant

Date on Market:

22/07/2026
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