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14-16 Castle St 793 SF Retail Building Christchurch BH23 1DT $294,571 ($371.46/SF)
Investment Highlights
- Guide Price £220,000 Freehold, subject to contract
- Situated in attractive market town
- Sold off FF Flat with Ground rent income of £100 P.A with 63 years remaining
- Total Net Internal Area 793 Sq. Ft. (73.84 Sq. M.)
- Benefits from approximately 40% Business Rates Relief (subject to eligibility)
Executive Summary
Offers considered in the region of £220,000 subject to contract for the freehold interest with vacant possession on completion.
An attractive Grade II listed property comprising a ground floor double fronted shop unit previously trading as a Café with both front and rear seating areas, suitable for a variety of uses. Available to purchase with vacant possession.
Trade fixtures and fittings available by separate negotiation. There is rear pedestrian access for deliveries, if required, but no parking.
There are 3 flats which have been sold off by way of long leases.
The historic town of Christchurch is located on the south coast some 6 miles east of Bournemouth and has a magnificent 11th Century Priory at its heart. Christchurch offers
excellent shopping facilities with a vibrant mixture of both local and national retailers represented. The town serves an affluent local population and the significant influx of
tourists to the region during the summer months offers good potential for extra trade.
The town also features a well renowned culinary scene with numerous quality restaurants and eateries featuring in the town centre. The famous annual Christchurch Food & Wine Festival has been running since 2000, along with various other annual events.
The subject premises occupy an excellent trading location just off the High Street close to the well-regarded Kings Arms Hotel and also Nusara Thai restaurant. Castle Street
features a number of professional services providers together with bespoke retailers.
An attractive Grade II listed property comprising a ground floor double fronted shop unit previously trading as a Café with both front and rear seating areas, suitable for a variety of uses. Available to purchase with vacant possession.
Trade fixtures and fittings available by separate negotiation. There is rear pedestrian access for deliveries, if required, but no parking.
There are 3 flats which have been sold off by way of long leases.
The historic town of Christchurch is located on the south coast some 6 miles east of Bournemouth and has a magnificent 11th Century Priory at its heart. Christchurch offers
excellent shopping facilities with a vibrant mixture of both local and national retailers represented. The town serves an affluent local population and the significant influx of
tourists to the region during the summer months offers good potential for extra trade.
The town also features a well renowned culinary scene with numerous quality restaurants and eateries featuring in the town centre. The famous annual Christchurch Food & Wine Festival has been running since 2000, along with various other annual events.
The subject premises occupy an excellent trading location just off the High Street close to the well-regarded Kings Arms Hotel and also Nusara Thai restaurant. Castle Street
features a number of professional services providers together with bespoke retailers.
Property Facts
Sale Type
Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
793 SF
Building Class
B
Year Built
1900
Price
$294,571
Price Per SF
$371.46
Tenancy
Single
Building Height
4 Stories
Building FAR
0.22
Lot Size
0.08 AC
Frontage
28’ on Castle Street
Amenities
- Energy Performance Rating - D
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Nearby Major Retailers
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14-16 Castle St
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