For SaleCommercial Property in Christchurch Road, Bournemouth, Dorset, BH1£475,000
Property Type
Commercial Property
Tenure
Freehold
Price
£475,000
Key Features
- Marketed solely by winkworth southbourne
- Four apartments
- Two x one bedroom
- Two x two bedroom
- Freehold for whole block including the commercial unit
- Below
- Current income £41,000 per annum
Description
GUIDE PRICE £475,000 - £500,000
A freehold investment opportunity currently
producing an income of £41,000 P/A of four
apartments, ideal for long terms lets or Air B&B
Why Christchurch Road?
This investement opportunity sits in the heart of Boscombe’s vibrant high street. Boscombe Pier is less than a mile away where you can find miles of golden sandy beach, the popular surf reef and free entry onto the pier. The promenade stretches
from Hengistbury Head to Sandbanks with a number of watersports available by the pier along with a number of beach side cafe’s bars and restaurants to enjoy along the way. Diverse
landmarks in lively Boscombe include art deco buildings, a restored Victorian pier with a modernist entrance hall, and the 1890s-built Royal Arcade shopping mall. Boscombe has its
own thriving nightlife scene with established venues such as the O2 Academy hosting a wide range of local, national, and international artists. The beachfront Chine Gardens has paths
winding around flower beds and a mini-golf course.
There are excellent transport links to Christchurch and Bournemouth along with Pokesdown train station which is also located nearby making the ideal opportunity for anyone looking for
a weekend retreat or to air b&b. A little further along the coast, approximatly a mile away, you
can find Southbourne high street which has been rejuvenated in recent years to include a number of independent cafes, bars, restaurants and shops.
These apartments offer a current income of £41,000 per annum which can be reviewed, potentially increasing the return to £43,000.