13-19 Lansdowne Rd 3,164 SF Retail Condo Unit Offered at $750,680 CAD in Bournemouth BH1 1RZ

The property has recently been fully refurbished and at ground floor level there is a spacious, well decorated bar and restaurant seating area, together with a stylised beach themed lounge space.

Also, at ground floor level are male and female WC’s.

At basement/lower ground floor level there is a good-sized restaurant and bar, together with a large commercial kitchen plus ancillary areas.

The property benefits from two allocated car parking spaces to the rear together with a beer cellar at ground floor level.

We understand that the premises are licenced for 200 customers at any one time and also have the benefit of a favourable Premises Licence which permits certain 24-hour licenced activities.

Offers invited in the region of £399,995 subject to contract for the long leasehold interest subject to the subsisting tenancy. Please note VAT is not payable on the rents.

Lease terms:
The property is let by way of an effective full repairing and insuring lease to Bournemouth Events Ltd commencing 6th June 2024 expiring 5th June 2034 at a passing rent of £28,200 per annum, exclusive payable monthly in advance. The lease is subject to an upward only rent review and tenant only break clause on 6th June 2029. The lease is subject to a photographic schedule of condition. A three-month rental deposit is held by the landlord (£7,050).