828 - 830 Christchurch Road Bournemouth Dorset BH7 6DF

828 - 830 Christchurch Road
Bournemouth
Dorset
BH7 6DF

Freehold Retail and Residential Ground Rent Investment

  • Comprises a prominent ground floor retail unit with 3 residential flats let on long leases
  • Prominent corner position fronting the busy Christchurch Road (A35)
  • Benefits from off-street parking to the rear
  • Fixed rental increases
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    27
  • Auction
    7th July 2016
  • Rent
    £5,025 per Annum Exclusive
  • Status
    Sold
  • Price
    £71,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of CBRE Receivers
Important Update
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  • Photos
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* More information on the term "guide" can be found here

Freehold Retail and Residential Ground Rent Investment

  • Comprises a prominent ground floor retail unit with 3 residential flats let on long leases
  • Prominent corner position fronting the busy Christchurch Road (A35)
  • Benefits from off-street parking to the rear
  • Fixed rental increases
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 27
  • Auction 7th July 2016
  • Rent
  • Status Sold
  • Price £71,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of CBRE Receivers

Property Information

Location
Miles
2 miles north-east of Bournemouth town centre, 5 miles south-west of Christchurch, 6 miles east of Poole, 28 miles south-west of Southampton
Roads
A31, A35, A338, M27
Rail
Pokesdown Railway Station
Bournemouth Railway Station
Air
Bournemouth Airport
Situation

Boscombe is a popular suburb of Bournemouth located 2 miles north-east of the town centre. The property is situated in a prominent corner position on the north side of Christchurch Road (A35), a busy arterial route which links Bournemouth town centre to the west and Christchurch to the east.

Tenure

Freehold.

Location
Miles
2 miles north-east of Bournemouth town centre, 5 miles south-west of Christchurch, 6 miles east of Poole, 28 miles south-west of Southampton
Roads
A31, A35, A338, M27
Rail
Pokesdown Railway Station
Bournemouth Railway Station
Air
Bournemouth Airport
Situation

Boscombe is a popular suburb of Bournemouth located 2 miles north-east of the town centre. The property is situated in a prominent corner position on the north side of Christchurch Road (A35), a busy arterial route which links Bournemouth town centre to the west and Christchurch to the east.

Tenure

Freehold.

Description

The property comprises a double fronted ground floor retail unit, benefiting from a return frontage to Warwick Road, with selfcontained residential accommodation on part ground, first and second floors accessed from Warwick Road. Additionally, the property benefits from parking to the rear.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a double fronted ground floor retail unit, benefiting from a return frontage to Warwick Road, with selfcontained residential accommodation on part ground, first and second floors accessed from Warwick Road. Additionally, the property benefits from parking to the rear.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
Part ground
Basement
Retail
Ancillary
56.94 sq m
8.51 sq m
(613 sq ft)
(92 sq ft)
INDIVIDUAL 15 years from 08/03/2016 (1) £4,875 (1) 08/03/2021
08/03/2026
(07/03/2031)
Flat 1
(Part Ground)
Residential
Not measured
INDIVIDUAL 120 years from 24/06/1987 £50 24/06/2027
Flat 2
(First)
Residential
Not measured
INDIVIDUAL 120 years from 24/06/1987 £50 24/06/2027
Flat 3
(Second)
Residential
Not measured
INDIVIDUAL 120 years from 24/06/1987 £50 24/06/2027
Total Commercial
Area
 
65.45 sq m
(705 sq ft)
    £5,025

(1) The lease provides for fixed increases in rent, the rent will increase to £5,000 p.a.x on 8th March 2018, £6,000 p.a.x on 8th March 2019 and £6,500 p.a.x on 8th March 2020. Additionally, the lease provides for a tenant option to determine on the 8th March 2021.
NB. The seller has served notices on the residential lessees under section 5B of the Landlord and Tenant Act 1987.

Property Documents

  • Catalogue Page
    Updated Date
    30.10.19
    File Size
    905 KB
    View PDF
  • Site Plan
    Updated Date
    30.10.19
    File Size
    49 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Walker Morris LLP Kings Court, 12 King Street
Leeds
LS1 2HL
Thomas Jackson 0113 399 1775thomas.jackson@walkermorris.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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