Mixed Use Investment FOR SALE in Bournemouth Town Centre – 8 Lansdowne Road
8 Lansdowne Rd, Bournemouth BH1 1SD, UK

£995,000· Investment · Freehold
Available

Property Details

MIXED USE INVESTMENT FOR SALE IN BOURNEMOUTH TOWN CENTRE – 8 LANSDOWNE ROAD

 

SITUATION & DESCRIPTION

The property is located within Bournemouth Town Centre, close to the Lansdowne Roundabout at the edge of the town centre in an established secondary trading area.  This part of Bournemouth has seen much development over the past few years, mainly linked to the University.  The property consists of a ground floor shop with basement and 6 flats.  We understand the building has been extensively modernised/extended in recent years.

 

 

ACCOMMODATION

Shop:

Sales/office area – 47.5 sq m (511 sq ft)

Basement – 59.56 sq m (641 sq ft)

 

We understand the shop is configured with a suspended ceiling throughout, separate kitchenette and WC facilities along with a good quality basement arranged as two rooms.

 

Flat 1a

Bedroom 1 with en-suite, shower & WC – 2.5m x 2.8m

Living room / kitchen – 4.11m x 3.31m

Notes: Includes balcony and electric central heating

EPC rating of E-(50)

 

Flat 1

Bedroom 1 – 5.0m x 2.57m

Bedroom 2 – 3.17m x 3.72m

Living Room – 4.32m x 4.4m

Kitchen (includes hob, cooker, fridge/freezer) 3.32m x 2.33m

Bathroom/shower & WC with basin & heated towel rail

EPC rating of D-(59)

 

Flat 2 (second floor)

Bedroom 1 – 4.79 x 2.63m

Bedroom 2 – 4.02m x 3.18m (max)

Living Room – 4.29m x 4.54m into bay

Kitchen (includes hob, cooker, fridge/freezer) – 2.6m x 3.21m

Bathroom/shower & WC

EPC rating of D-(66)

 

Flat 3 (third floor)

Bedroom 1 – 3.04m x 4.02m

Living Room – 3.96m x 4.84m

Kitchen (includes hob, dishwasher, fridge/freezer) – 2.62m x 3.23m max

Bathroom/shower & WC with basin & heated towel rail

EPC rating of C-(79)

 

Garden Flat

Bedroom 1 – 2.6m x 4.05m

Bathroom – 2.5m x 1.7m

Living room / kitchen (fully fitted with units, built in fridge freezer) – 40.5m x 3.65m

Leads out to terrace

EPC rating of E-(50)

 

Cottage Flat (5 Lansdowne Rd)

Ground floor entrance hall & cloakroom/WC

Living room / kitchen (fully fitted with hob, cooker, gas fired boiler) – 6.6m x 4.12m

First Floor:

Bedroom 1 – 2.07m x 3.11m

Bedroom 2 – 2.98m x 2.64m

Bathroom / shower / WC

EPC rating of B-(83)

 

 

INCOME

Unit Beds Rent
Flat 1a 1 £6,360
Flat 1 1 £8,400
Flat 2 2 £9,000
Flat 3 2 £7,500
Garden Flat 1 £9,000
Cottage 2 £7,140
Shop n/a £13,750
  TOTAL INCOME £61,150

 

TENANCY – GROUND FLOOR COMMERCIAL

The shop is let on a 12 year lease from 12 November 2008 with 3 yearly upwards only rent reviews.

Additional details

  • Tenure: Freehold

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