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portfolio of 2 retail properties 1 Retail Properties Offered at $539,038 in Bournemouth
Investment Highlights
- Prominent roadside investment on busy Wimborne Road
- Rear service access and onsite parking
- Current passing rent of £23,500 per annum
Executive Summary
The property comprises a two-storey mixed-use investment situated on a busy arterial route in Moordown, Bournemouth. The asset includes two interconnecting ground-floor retail units extending to approximately 2,225 sq ft and a self-contained two-bedroom flat above. The retail accommodation is fully let to MPH Merchant (South Coast) Ltd, trading as MPH Plumbing, Heating and Bathroom Supplies, on a 6-year lease from June 2024 at a rent of £23,500 per annum on full repairing and insuring terms. The residential flat is currently vacant and offers potential for additional income or owner occupation. The property benefits from rear parking and occupies a prominent position within an established neighbourhood retail parade serving Moordown, Winton, Redhill and Charminster.
Property Facts
| Price | $539,038 | Status | Active |
| Price / SF | $286.87 / SF | Number of Properties | 2 |
| Cap Rate | 5.88% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 1,879 SF |
| Price | $539,038 |
| Price / SF | $286.87 / SF |
| Cap Rate | 5.88% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 1,879 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 930-930A Wimborne Rd, Bournemouth BH9 2DH | Retail | 1,879 SF | 1925 | - |
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portfolio of 2 retail properties
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