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Town Centre Letting Investment For Sale

Bournemouth, Dorset
Asking Price:
£595,000
Turnover:
Available on request
Net Profit:
Available on request

FEATURES
Convenient for all central amenities and facilities. Recent refurbishment programme throughout. Valuable HMO licence. Re-slated roof. UPVC double glazing. Laminate floors to letting units. Entry phone system. Re-pointing. Lucrative income with potential for additional unit.

SUMMARY OF ACCOMMODATION
4 Studio Units. 4 HMO rooms (each with wash hand basins). Communal Dining Area. Shared Kitchen. 2 Shower Rooms with WCs. 1 Cloakroom with WC. Loft Room (potential to create an additional letting unit). Outside bin store and enclosed rear yard with gate onto access lane.

LOCATION
West Cliff Zig Zag approx. 600 yards. Bournemouth Square approx. 650 yards. Bournemouth International Centre within 750 yards. Travel Interchange approx. 1½ miles.

TRADING & BUSINESS
As at 27th December 2017 we are informed the rent roll was as follows:
Unit 1 £200 per week Unit 4 £110 per week Unit 7 £210 per week
Unit 2 £195 per week Unit 5 £200 per week Unit 8 £100 per week
Unit 3 £115 per week Unit 6 £115 per week TOTAL £1,245 PER WEEK

LICENCES/PERMISSIONS
We are informed that an HMO licence for 8 rooms is presently held and that an established use certificate for the current arrangement is being obtained. We have not had sight of these documents.

Property information

Property:

Freehold

Living Accommodation:

4 Studio Units. 4 HMO rooms (each with wash hand basins). Communal Dining Area. Shared Kitchen. 2 Shower Rooms with WCs. 1 Cloakroom with WC. Loft Room (potential to create an additional letting unit). Outside bin store and enclosed rear yard with gate onto access lane.

Location:

West Cliff Zig Zag approx. 600 yards. Bournemouth Square approx. 650 yards. Bournemouth International Centre within 750 yards. Travel Interchange approx. 1½ miles.

Premises Details:

4 Studio Units. 4 HMO rooms (each with wash hand basins). Communal Dining Area. Shared Kitchen. 2 Shower Rooms with WCs. 1 Cloakroom with WC. Loft Room (potential to create an additional letting unit). Outside bin store and enclosed rear yard with gate onto access lane.

Energy Performance Rating:
F

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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