For Sale

Southbourne Grove, Bournemouth

£150,000
  • Ref: OIL260105
  • Availability: For Sale
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Property Summary

O.I.G Real Estate are pleased to bring to market this Freehold commercial investment opportunity.

Full Details

The property comprises a double fronted lock up shop with arcade style shop front. The accommodation has ground floor sales area and a step up to a rear sales area and cloakroom. The tenant holds a 10 year lease from 14th December 2023 within the Landlord and Tenant Act. The lease is subject to a 5 year rent review with no break clause and rental income of £10,800 per annum.

Prior approval consent for change of use from shop (Class A1) to restaurant (class A3) was granted on 12 November 2018.