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3-5 Lansdowne Rd 2,282 SF Retail Building Bournemouth BH1 1RZ $433,773 ($190.08/SF)

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INVESTMENT HIGHLIGHTS

Single storey commercial premises operating as a licenced restaurant and takeaway trading as the Noodle Bar.
Total floor area: 2025 sq.ft. (188 sq.m.) approx.

Current rental income: £24,00 p.a. Reversionary lease for 10 years from September 2030 in solicitors hands.

EXECUTIVE SUMMARY

The Lansdowne is a busy part of the Town Centre where Bournemouth University now has its administration offices and numerous Student halls of residence. The central business district is located nearby in Oxford Road. The Lansdowne has a wide range of commercial occupiers that cater for both the student population and office workers in the immediate vicinity. The property is located on the corner of Lansdowne Mews and next door to the newly built Lansdowne Church. The subject property is single storey and is fitted out and operating as a Licenced restaurant and Takeaway, trading as the Noodle Bar. The business was opened in 2014 and is a very busy and popular restaurant within the town centre. Further information can be found on their website on the link below https://www.nbar.uk

Marketing Brochure/Flyer

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Tenure

Freehold/Long Leasehold

Property Subtype

Restaurant

Building Size

2,282 SF

Building Class

Year Built

1979

Price

$433,773

Price Per SF

$190.08

Tenancy

Single

Building Height

1 Story

Parking

7 Spaces (3.27 Spaces per 1,000 SF Leased)

Frontage

47’ on Lansdowne Road

MAJOR TENANTS

-
2,282 SF
-
May 2023

Started in Bournemouth by Tak Ho who was a chef in oriental restaurants for over 20 years, he wanted to bring a new Asian fusion concept. He designed a new dining experience that lets you create your very own noodle meal giving you 1000’s of potential combinations, served fresh and fast. Now with new partners Noodle Bar has been rebranded Nuudle Bar and is starting its journey to become a national company with its NEW takeaway format. They hope to spread the Nuudle Bar message of Good Food Fast across the country.