icons_size_white icons_size
The UK's leading real estate marketplace
Price
Any

Price

Size
Any

Size

Retail - High Streets for sale in East Creech, Creech

Create Alert 9 results Sorry, we currently do not have any listings for sale in 0 miles of East Creech, Creech - Please find below the nearest listings available.
For Sale£1,000,000.00
New

Town Centre Retail / Office Investment



Location

Bournemouth is Dorset’s principal commercial centre and one of the UK’s premier seaside resorts. It has a residential population in excess of 150,000 persons and a prime shopping catchment of 396,000 persons within a 6 mile radius (Focus). The town is a thriving destination with an estimate of 1.5M staying visitors and 3.8M day visitors every year. Bournemouth also benefits from a substantial and growing student population with in excess of 25,000 students attending University. The town has enjoyed substantial inward investment at the present time. This includes two recently opened town centre Hilton Hotel and the BH2 leisure scheme in the centre of town comprising 17 national restaurants and an Odeon cinema. The property is prominently situated on Old Christchurch Road amongst numerous multiple retailers, together with local independent retailers, professional service providers and cafes/restaurants. A 950 space NCP car-park is accessed via the entrance to Richmond Gardens Shopping Centre which is approximately 100m from the subject premises.



DESCRIPTION

The premises are arranged over four storeys plus a basement and are of brick construction with a stone facade surrounding the ground floor. The ground floor is currently used as a building society and two sets of stairs lead to the offices on the upper floors. Skipton Building Society currently occupy the basement, ground floor and part of the first and second floors.

FUTURE REDEVELOPMENT POTENTIAL

It is thought that the upper floors could be suitable for conversion to residential in the future, subject to any necessary statutory consents and vacant possession.

TENANCY

The entire property is let to Skipton Building Society by way of a full repairing and insuring lease dated 16 March 2018 and expiring 14th November 2027. The current passing rent is £77,500 per annum exclusive and the lease incorporates an upward only rent review and a tenant’s option to break on the 15th November 2022.

PROPOSAL

Net income  £77,500 per annum exclusive

Price  Offers are invited in the region of £1M

A purchase at this level reflects a net initial yield of 7.33% assuming typical purchaser's costa of 5.75%.



TENURE

The property is secured on a freehold basis under title DT344092.
44 - 50 Old Christchurch Road, Bournemouth, BH1 1LN
Type: Office, General Retail, Retail - High Street, Retail - Out of Town, Offices, Retail
Location: 44 - 50 Old Christchurch Road, 44 - 50 Old Christchurch Road, Bournemouth, BH1 1LN
Size: 4645 Sq Ft
Images: 6
Brochures: 1
View Property
For Sale£165,000.00
The property is located in a busy parade of shops in Christchurch Road (A35) approximately 3 miles west of Christchurch Town Centre and just over 2.5 miles East of Bournemouth Town Centre. Nearby occupiers include a Ladbrokes, Oxfam charity shop, Cost Cutter and a variety of independent local retails.
The building comprises a ground floor lock up shop and first floor flat sold off long leasehold.
( Agency Pilot Software Ref: 5653 )
688 Christchurch Road, Bournemouth, BH7 6BY
Type: Retail - High Street, Retail
Location: 688 Christchurch Road, Bournemouth, BH7 6BY
Size: 0 - 1842 Sq Ft
Images: 5
Brochures: 1
View Property
Under OfferFor sale: £315,000.00
681-683 Wimborne Road comprises a mid-terraced three storey building. 683 Wimborne Road comprises a double fronted ground floor lock up shop currently occupied by a national estate agent. The ground floor shop is arranged with a retail area, offices and kitchen to the rear. 681 Wimborne Road is accessed via a separate ground floor entrance with stairs to the first and second floor offices.
Access to the property can be at the front or alternatively at the rear via a separate entrances with off road parking immediately adjacent to the building.
The property is located within Moordown fronting Wimborne Road approximately 3 miles North of Bournemouth town centre and one mile from the main shopping area of Winton.

Nearby occupiers include a Tesco Express, Papa Johns Pizza, a number of estate agents and a variety of local independent retailers. We are informed by the owners, the majority of the windows and external doors have recently been replaced/ renewed using UPVC.


( Agency Pilot Software Ref: 5371 )
681-683 Wimborne Road, Bournemouth, BH9 2AT
Type: Retail - High Street, Office, Retail, Offices
Location: 681-683 Wimborne Road, Bournemouth, BH9 2AT
Size: 1750 Sq Ft
Images: 1
Brochures: 1
View Property
Under OfferFor sale: £875,000.00
The property comprises of a four storey mid terrace building, the lower ground floor being a semi basement with level street access onto Old Christchurch Lane at the rear.

The ground floor comprises open plan, regular shaped retail space, with ancillary office/staffing area to the rear. The lower ground floor is accessed via an internal staircase and provides a staff room, storage, training rooms and WCs.

The first and second floors are accessed via a self-contained access from Old Christchurch Road. Both floors comprise cellular and partitioned former office space.

Externally, at the rear of the building there is a small roller shutter garage and concrete hardstanding area for car parking.

Offers are invited in the region of £875,000 for the premises on a freehold basis with vacant possession.

The first and second floors have planning for two residential units.

Further information can be found on the Local Authority Planning website (Application Number 7-2017-1042-T).
( Agency Pilot Software Ref: 2041078 )
118-120 Old Christchurch Road, Bournemouth, BH1 1NA
Type: Land, Mixed Use, Retail - High Street, Land, Commercial Land, Other Property Types & Opportunities, Retail
Location: 118-120 Old Christchurch Road, Bournemouth, BH1 1NA
Size: 6374 Sq Ft
Images: 4
Brochures: 1
View Property
For Sale£1,000,000.00

Substantial Mixed Use Property With Development Potential



Location

The property occupies an excellent and highly visible position fronting Ashley Road, close to the junction with Richmond Road. Ashley Road is the principle shopping area in Parkstone and the second largest local centre outside of Poole Town Centre. Ashley Road is a vibrant retail area with high footfall and large amounts of passing vehicular traffic, being one of the principle routes between Poole and Bournemouth. Nearby occupiers include a large Waitrose Supermarket, Peacocks, Boots, Iceland, Co-Op, Superdrug, Greggs & Pizza Hut Delivery.



DESCRIPTION

The property comprises a substantial 2 storey premises forming part of a wider parade extending between Richmond Road and Edward Road. The premises currently comprises a large ground floor retail unit with 4 upper floor flats. The ground floor was originally constructed as 4 separate shop units but has since been opened up into one large unit. As such, the retail accommodation provides a wide and prominent frontage onto Ashley Road. The unit is currently arranged with a main sales area to the front with extensive ancillary and storage areas to the rear. The premises benefits from two separate basement areas and access to the rear yard. The ground floor commercial unit has the following approximate net internal areas: ACCOMODATION SQ M SQ FT Retail Sales 193.5 2,083 Ancillary/storage (total) 156.86 1,688 Basement storage (total) 73.65 793 A separate detached garage is located to the rear along with a large yard which provides parking for a number of cars. An un-adopted lane runs to the rear of the property and is accessed from both Richmond Road and Edward Road. The residential accommodation is arranged as follows: ADDRESS ACCOMODATION NOTES 291A Ashley Road 3 Bed Includes small garden and additional accommodation at ground floor level. Requires redecoration. 295A Ashley Road 2/3 bed Flat has been stripped ready for comprehensive refurbishment. 299 Ashley Road 2 Bed Accessed from rear yard area. Let on an AST. 301 Ashley Road 3 Bed Accessed from self-contained Ashley Road entrance. Let on an AST.

TENANCY

The property is to be sold with Vacant Possession save for the following flats which are currently occupied on 6 month rolling Assured Shorthold Tenancies (AST) as follows: 299 Ashley Road – £750 PCM. 301 Ashley Road – £795 PCM.

GUIDE PRICE

£1,000,000 exclusive.

VAT

We understand the property has not been elected for VAT purposes.

EPC

The properties have the following energy ratings: 291-301 Ashley Road - EPC has been commissioned and will be provided shortly. 291A Ashley Road - EPC has been commissioned and will be provided shortly. 299 Ashley Road - F - 29 301 Ashley Road - F - 26
291-301 Ashley Road, Poole, BH14 9DZ
Type: General Retail, Retail - High Street, Retail - Out of Town, Retail
Location: 291-301 Ashley Road, 291-301 Ashley Road, Poole, BH14 9DZ
Size: 4564 Sq Ft
Images: 5
Brochures: 1
View Property
Under OfferFor sale: £295,000.00
Investment Summary
* Freehold retail investment Located in popular district shopping centre
* Densely populated surrounding residential area
* Let to first class tenant - L Rowland and Co. (Retail) Limited
* Current rent - £18,750 pa.
* Price - £295,000 - net initial yield 6.2%

Location
The property is situated within the main retail section of Charminster Road, a popular district shopping centre approximately 1.5 miles to the north of Bournemouth town centre. The property is located on the eastern side of Charminster Road at it's junction with Shelbourne Road.

The Charminster district centre comprises a mixture of retail and restaurant outlets serving an immediate densely populated residential area with a particularly high student population.

Description
The property comprises a predominantly two storey end of terrace building. The ground floor of the property provides retail accommodation currently occupied as a pharmacy with the upper parts used for ancillary storage purposes. Potential exists for the future refurbishment of the upper floors of the building to provide residential accommodation.

Accommodation
Ground Floor Retail - 75.43 sq. m. (811 sq. ft.)
Storage - 11.07 sq. m. (119 sq. ft.)
Kitchen - 5.89 sq. m . (63 sq. ft.)
First Floor Storage - 36.8 sq. m. (395 sq. ft.)
TOTAL 129.1 sq. m.(1,388 sq. ft.)
Additional storage accommodation is situated at second floor attic level.

Tenure - Freehold

Tenancy Details
The property is let to L Rowlands & Co (Retail) Limited under the terms of a 10 year full repairing and insuring lease from the 1st March 2012, at a rent of £18,750 pa.

Tenant's Covenant
L Rowland & Co (Retail) Limited is a NHS Pharmacy provider which has been trading from this property for approximately 16 years. The company is long established and has over 500 outlets in the UK. The company turnover for the year ending 31st January 2018 was approximately £494m with net assets of approximately £63m.

Proposal
We are instructed to seek offers in excess of £295,000 subject to Contract and exclusive of VAT. Allowing for purchaser's costs of approximately 3.2% a purchase at this level reflects a net initial yield of 6.2%.

Energy Performance Certificate
The property has an Energy Performance rating of C(74).

Business Rates
We are advised by Bournemouth Borough Council that the rateable value is £17,500 pa.
WELL SECURED FREEHOLD RETAIL INVESTMENT - FOR SALE - 128 Charminster Road, Bournemouth, Dorset, BH8 8UU
Type: General Retail, Retail - High Street, Retail
Location: 128 Charminster Road, BH8 8UU
Size: 1388 Sq Ft
Images: 4
Brochures: 1
View Property
For SalePOA
OR
For RentROA

LOCATION

The property occupies a near prime trading position being only 50 yards from Lower Old Christchurch Road, the heart of Bournemouth’s core shopping district.

Major High Street names within the immediate vicinity include Lloyds Bank, Monsoon, Topshop, Superdrug as well as Beales and Dingles House of Fraser Department Stores.

DESCRIPTION

The accommodation forms the ground floor of a brand new town centre mixed development with 83 quality flats over.
The 5 storey scheme has been developed in the Victorian style over the commercial units which are available to shell standard with services.

ACCOMMODATION

Unit 1
Internal Area 1766 sq ft
Street Frontage

Unit 2

Internal Area – 1,025 sq ft

Both units have fitted kitchens and cloakroom facilities

TERMS

The units are available by way of leasehold or long leasehold basis as follows:-

By way of new full repairing and insuring lease, terms to be agreed.

Unit 1 - £24,500 per annum exclusive plus VAT
Unit 2 - £15,000 per annum exclusive plus VAT

Or

Long Leasehold

999 year ground leases at a peppercorn rent
Unit 1 - £450,000 plus VAT
Unit 2 - £275,000 plus VAT

BUSINESS RATES (source: www.voa.gov.uk)
To be separately assessed.
Units for sale or to let at The Old Sorting Office, Albert Rd, Bournemouth
Type: General Retail, Retail - High Street, Retail
Location: The Old Sorting Office Albert Road Albert Road, Bournemouth, BH1 1BZ
Size: 1025 - 1766 Sq Ft
Images: 7
Brochures: 1
View Property
For SalePOA
LOCATION

The property occupies a near prime trading location nestling amongst numerous other multiple retailers, independents and professional service providers including Lidl, Solutions Inc, Wilko, Cornish Bakehouse, Barclays Bank and Greggs.
There is a 950 space NCP car park adjacent in Richmond Gardens shopping Centre.

Bournemouth is the main commercial centre of Dorset and one of the UK’s premier seaside resorts.
It forms part of the Bournemouth/Poole/Christchurch conurbation with a combined population nearing 400,000.
In addition the Town attracts approx. 3.8 million day visitors every year.

ACCOMMODATION

Sales Area 934 sq ft
Basement 493 sq ft

INVESTMENT SUMMARY

Lease

Let to Mascolo Ltd trading as Toni & Guy on a 10 year full repairing and insuring lease from June 2011 at a rent of £47,500 per annum exclusive

NB. The tenants have occupied the shop for over 20 years

PRICE

£565,000

Shows 8.1% net initial yield (allowing 4.94% purchase costs)

VAT – We have been informed by our client that the property is not elected for VAT.

TENURE

The property is offered by way of a new 999 year lease at a peppercorn rent.

Bournemouth town centre - Retail Investment
Type: Retail - High Street, Retail
Location: 91 Old Christchurch Road, BH1 1EP
Size: 1427 Sq Ft
Images: 3
Brochures: 1
View Property
For SalePOA
Westbourne is a suburb of Bournemouth located approximately 2 miles to the west of the town centre. The premises are situated in a prominent position adjacent to Iceland and close to Multiyork, Bang & Olufsen, Starbucks, Boots and Lloyds Bank.

- Basement and ground floor accommodation
- Self contained car park to the rear for approximately 11 vehicles
- Prominent position
- Available by way of an assignment or under lease
- Shop with A2 planning consent
Former Bank Premises To Let in Westbourne, Bournemouth
Type: General Retail, Retail - High Street, Retail
Location: 86 Poole Road, Bournemouth, BH4 9EF
Size: 1403 Sq Ft
Images: 1
Brochures: 1
View Property
close
What do you think of our website?
Complete our survey and
you could win £1000
Start here