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.
Sales Area 934 sq ft
Basement 493 sq ft
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
Reflects an 8.4% yield (after purchase costs)
VAT – We have been informed by our client that the property is not elected for VAT.
The property is offered by way of a new 999 year lease at a peppercorn rent.