Large commercial building located in Bournemouth town centre with potential for a variety of uses (STP)
The property fronts Christchurch Road, occupying a central position and comprises of a six storey (arranged over three floors) brick built building under a flat roof.
Internally at ground floor level there is a reception and amusement arcade located towards the front of the property.
There are also additional customer WC’s at first floor level, along with staff facilities and offices. The rear of the building and two car parks either side are not included and are scheduled for re-development to residential (STP).
A right of access plus 2 car parking spaces will be included in the sale/letting.
The subject property is located off the B3064 in the coastal town of Bournemouth, Dorset (94 miles) (151km) southwest of London.
Bournemouth is an established tourist destination, benefitting from high levels of tourist activity year round, along with a substantial resident population of approximately 183,491 (2011, census).
The principal route to the town centre is the A338 spur road dual carriageway that connects the A31, close to the Hampshire boarder.
The property is either available to let in its entirety on a new 10 year+ full repairing and insuring lease. Alternatively the Freehold with Vacant Possession is available.
Services, Plants & Equipment
The property is served by mains electricity, gas and drainage.
No detailed inspections were tested and carried out by us on any of the services or items of equipment, therefore no warranty can be given with regards to their service ability, efficiently or adequacy for their purpose.
The Rateable Value will be re-assessed upon works are completed to demolish the rear of the buildinga and create a self-contained unit. The National Multiplier for England and Wales is currently £0.512.
The property has an EPC Rating of E104 but will be reassessed upon completion of the works.
Method of Sale
Private Treaty. Offers are invited to take a new institutional lease. Unconditional offers are invited in the order of £500,000 for the freehold interest with vacant possession.
The former tenant vacated on 11.09.20. The property is now vacant and secured. For a formal viewing, strictly by appointment with Savills.
Bournemouth (0.3 miles)
Pokesdown (1.9 miles)
Branksome (2.4 miles)