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Town Centre Letting Investment In Bournemouth For Sale

Bournemouth, Dorset, UK
Asking Price:
£500,000
Turnover:
Available on request
Net Profit:
Available on request

Features
Goadsby Commercial present 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
3 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. NB Unit 1 is an independent studio unit let at £195 per week which can be purchased separately at £95,000.

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 28th July 2020 we are informed the rent roll was as follows:
Unit 2 £195 per week Unit 5 £200 per week Unit 8 £110 per week
Unit 3 £115 per week Unit 6 £115 per week Unit 4 £110 per week
Unit 7 £210 per week
Total £1,245 Per Week

Licences/permissions
The premises have planning consent and an HMO licence for 7 units. We have not had sight of these documents.

Property Information

Property:

Freehold

Living Accommodation:

3 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. NB Unit 1 is an independent studio unit let at £195 per week which can be purchased separately at £95,000.

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:

3 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. NB Unit 1 is an independent studio unit let at £195 per week which can be purchased separately at £95,000.

Energy Performance Rating:
F

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