Property 0 bedrooms 0 bathrooms Dorset
This property has been sold and is no longer available.
A FREEHOLD INVESTMENT COMPRISING A3/A5 GROUND FLOOR RESTAURANT WITH FOUR BEDROOM OWNERS ACCOMMODATION ABOVE AND SEPARATE SELF CONTAINED ONE BEDROOM FLAT. THE NEIGHBOURING PROPERTY AT 81 IS ALSO AVAILABLE ON A SEPARATE TITLE, PLEASE CONTACT US FOR FURTHER DETAILS.
A FREEHOLD INVESTMENT COMPRISING A3/A5 GROUND FLOOR RESTAURANT WITH FOUR BEDROOM OWNERS ACCOMMODATION ABOVE AND SEPARATE SELF CONTAINED ONE BEDROOM FLAT. THE PROPERTY IS CURRENTLY LET AT £18,300 PER ANNUM WITH A LONG TENANCY ON THE RESTAURANT AND OWNERS ACCOMMODATION AND AN ASSURED SHORTHOLD TENANCY ON THE SELF CONTAINED FLAT.
THE NEIGHBOURING PROPERTY AT 81 IS ALSO AVAILABLE ON A SEPARATE TITLE, PLEASE CONTACT US FOR FURTHER DETAILS.
This property is located in the Southbourne Grove shopping area and is currently fully occupied. It comprises a ground floor A3/A5 restaurant unit with owners accommodation above and a further separate one bedroom flat. It totals 210.8 square meters (2,270 sq ft approximately) with the restaurant and owners accommodation on a long lease and the flat being on a rolling Assured Shorthold Tenancy. The rent breaks down as £14,100 per annum for the restaurant and first floor maisonette and the one bedroom flat is £4,200 per annum.
The neighbouring property at 81 Southbourne Grove is also available at an asking price of Offers In Excess of £300,000. Separate details are available on request. Combined yield circa 7.25%.
This property has been sold and is no longer available.
