Christchurch Road, Bournemouth, Prominent Income Producing Freehold Building

Overview

6 Bedroom House for sale in Christchurch Road, Bournemouth, Prominent Income Producing Freehold Building

The property is an attractive freehold three storey building with potential income of approx £60,000 per income. The property comprises: Retail unit at ground and lower ground floor levels let to Lombard Pawn Brokers. 3 x 2 bedroom apartments across first and second floor and two further flats (studio and 1 bedroom) to the rear of the building both with private entrances.
The ground and lower ground floor commercial unit is leased until 2026 with kitchen and WC. All flats are currently let out on AST's.

The property is located in a prominent position between Pokesdown and Boscombe on the corner of Browning Avenue. Christchurch Road is a busy high street popular with young professionals, families and is within a few moments walk of the AECC Chiropractic College situated in the next road, now the largest college of its kind in Europe. You are also 0.4 miles from Pokesdown Train Station and 0.5 miles from the beach making this a very sought after location for every tenant,

Key Features:

• Mixed use freehold development - 6 units in total
• Three storey period building over 2500 square feet
• Retail unit at ground and lower ground floor levels let to Lombard pawn shop (leased until 2026)
• Three flats across first and second floor - all two bedroom apartments
• Further self contained studio and one bedroom flats to rear of building both with private entrance
• All properties currently let out
• Potential rental income £60,000 per annum
• Positioned in prominent location

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Important Information

• This is a Freehold property.