Investment Consideration
- ERV fully let ~ £32,200 p.a. (based on letting vacant maisonette as is).
- Vacant 3/4 bed maisonette above shop.
- Planning consent to convert the living accommodation into two x 2 bed flats. ERV of two x 2-bed flat is ~ £1,800 pcm (£21,600 p.a.).
- Shop let to Parlourmentary Limited, lease expires in 2029.
- VAT is NOT applicable to this property.
- Located in Southbourne Grove, the main shopping area that services Southbourne and Tuckton, Boscombe Manor and Boscombe East.
- Nearby occupiers include Lloyds Bank, Sainsbury Local, Coffee No1., Tesco Express, Boots the Chemists, Costa Coffee and Loungers Café.
Blue Alpine can assist whether you are looking to buy, sell or want advice on your portfolio get in touch. Office: 02037710697 Email: joseph@bluealpine.com or prash@bluealpine.com
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