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St Peters Quarter Old Christchurch Rd 70,912 SF 100% Leased Retail Building Bournemouth BH1 2AD $6,634,938 ($93.57/SF) 10% Cap Rate
Investment Highlights
- Excellent connectivity
- Prominent position
- Close proximity to local amenities
Executive Summary
Comprising a substantial, 70,912 sq ft mixed use block situated in the heart of Bournemouth Town Centre. Multi let producing a current income of £526,785 per annum. Freehold.
Planning granted for 32 Student halls of residents as well as numerous other short term asset management opportunities.
Planning granted for 32 Student halls of residents as well as numerous other short term asset management opportunities.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
70,912 SF
Building Class
B
Year Built
1986
Price
$6,634,938
Price Per SF
$93.57
Cap Rate
10%
NOI
$663,494
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Building FAR
2.42
Lot Size
0.67 AC
Frontage
51’ on Old Christchurch Road
Amenities
- Security System
- Automatic Blinds
- Storage Space
- Air Conditioning
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Nearby Major Retailers
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St Peters Quarter | Old Christchurch Rd
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