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Town Centre Letting Investment

Bournemouth, Dorset
Advert ID
H21159 / Rightbiz
Freehold Price: £500,000

Goadsby Commercial present convenient for all central amenities and facilities.  Recent refurbishment programme throughout. Valuable HMO licence.  Re-slated roof.  UPVC double glazing. Laminate floors to letting units. Entry phone system. Re-pointing. Lucrative income with potential for additional unit. 

3 Studio Units.  4 HMO rooms (each with wash hand basins). Communal Dining Area.  Shared Kitchen. 2 Shower Rooms with WCs. 1 Cloakroom with WC. Loft Room (potential to create an additional letting unit). Outside bin store and enclosed rear yard with gate onto access lane. NB Unit 1 is an independent studio unit let at £195 per week which can be purchased separately at £95,000.

West Cliff Zig Zag approx. 600 yards.  Bournemouth Square approx. 650 yards.  Bournemouth International Centre within 750 yards.  Travel Interchange approx. 1½ miles.

As at 28th July 2020 we are informed the rent roll was as follows:
 Unit 2 £195 per week     Unit 5 £200 per week        Unit 8 £110 per week
 Unit 3 £115 per week     Unit 6 £115 per week  
 Unit 4 £110 per week     Unit 7 £210 per week        TOTAL £1,055 PER WEEK

The premises have planning consent and an HMO licence for 7 units. We have not had sight of these documents.

Listing Details
Location: Bournemouth, Dorset
Key Features
  • Town Centre location
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