95 Old Christchurch Road Bournemouth Dorset BH1 1EP

95 Old Christchurch Road
Bournemouth
Dorset
BH1 1EP

Freehold Retail and Residential Investment

  • Two let retail units on Bournemouth's prime pedestrianised pitch
  • 95a is let to Kanoo Travel Limited until 2024 (no breaks)
  • Adjacent to Dalkeith Shopping Arcade and multistorey car park
  • Nearby occupiers include Card Factory, Boots and Santander
  • Lot
    30
  • Auction
    13th July 2017
  • Rent
    £44,518 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail and Residential Investment

  • Two let retail units on Bournemouth's prime pedestrianised pitch
  • 95a is let to Kanoo Travel Limited until 2024 (no breaks)
  • Adjacent to Dalkeith Shopping Arcade and multistorey car park
  • Nearby occupiers include Card Factory, Boots and Santander
  • Lot 30
  • Auction 13th July 2017
  • Rent
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
33 miles south-west of Southampton, 28 miles south of Salisbury, 40 miles south-west of Winchester
Roads
A338, A35, A31, M27, M3
Rail
Bournemouth Rail
Air
Bournemouth Airport
Situation

The property is located on the northern side of Old Christchurch Road on Bournemouth's prime pedestrianised retailing pitch. Adjacent to the property is Dalkeith Arcade, which houses Lidl, Wilko and a multi-storey car park providing parking for approximately 935 cars. Other nearby occupiers include Card Factory, Boots, Toni & Guy and Santander.

Tenure

Freehold.

Location
Miles
33 miles south-west of Southampton, 28 miles south of Salisbury, 40 miles south-west of Winchester
Roads
A338, A35, A31, M27, M3
Rail
Bournemouth Rail
Air
Bournemouth Airport
Situation

The property is located on the northern side of Old Christchurch Road on Bournemouth's prime pedestrianised retailing pitch. Adjacent to the property is Dalkeith Arcade, which houses Lidl, Wilko and a multi-storey car park providing parking for approximately 935 cars. Other nearby occupiers include Card Factory, Boots, Toni & Guy and Santander.

Tenure

Freehold.

Description

The property comprises two ground floor retail units with basement ancillary accommodation below unit 95. The first, second, third and fourth floors comprise 5 residential flats, which have been let on a long lease.

VAT

VAT is not applicable to this lot.

EPC

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

Description

The property comprises two ground floor retail units with basement ancillary accommodation below unit 95. The first, second, third and fourth floors comprise 5 residential flats, which have been let on a long lease.

VAT

VAT is not applicable to this lot.

EPC

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

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/
(Reversion)
95 Ground
Basement
Retail
Ancillary
41.9 sq m
57.2 sq m
(451 sq ft)
(615 sq ft)
INDIVIDUALS t/a
Bond’s Gentleman’s
Barbershop (1)
6 years from
25/03/2014
£17,000 (24/03/2020)
95a Ground Retail
51.1 sq m
(550 sq ft)
KANOO TRAVEL
LIMITED t/a Kanoo
Foreign Exchange (2)
10 years
from
25/12/2014
£27,518.75 25/12/2019
(24/12/2024)
First,
Second,
Third &
Fourth
  Residential
Five Flats
OLD CHURCH ROAD
LLP
999 years
from
25/12/2002
Peppercorn (24/12/3001)
Total Commercial Area:  
150.2 sq m
(1,616 sq ft)
    £44,518.75  

(1) Bonds is a flagship barber shop headed up the country's first qualified master barber. (Source: bondsbarbershop.co.uk 12/06/2017). The tenant did NOT exercise their March 2017 break option.
(2) For the year ending 31st December 2015, Kanoo Travel Limited reported a turnover of £6,680,462, pre-tax profits of £26,147 and atotal net worth of £2,607,596 (Source: Experian Group Date 12/06/2017). An American Express franchise partner, the family owned Kanoo Travel Group is the largest travel company in the Middle East, with a team of travel specialists in over 180 offices in the region and over 200 offices worldwide. In Europe, Kanoo also operate a High Street Foreign Exchange business, with branches in most major cities in the UK (Source: www.kanootravel.co.uk 12/06/2017).

Property Documents

  • Site Plan
    Updated Date
    11.11.19
    File Size
    2 MB
    View PDF
  • Catalogue Page
    Updated Date
    11.11.19
    File Size
    889 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
Sparrow & Trieu 76 Shaftesbury Avenue
London
W1D 6ND
Therese Trieu 0207 287 6608mail@sparrowandtrieu.plus.com

Useful Links

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

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now