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718 Christchurch Rd 861 SF Retail Building Bournemouth BH7 6BZ $375,637 CAD ($436.28 CAD/SF)
Investment Highlights
- Prominent corner position on busy Christchurch Road
- Large open-plan retail accommodation
- Development opportunity with planning consent
Executive Summary
The property comprises a prominent corner-position commercial unit located on the busy Christchurch Road in Boscombe, Bournemouth. The freehold sale includes an existing leasehold interest in Flat 718A, generating a ground rent income of £250 per annum. A key feature is the benefit of planning permission (Application No. 7-2021-3357-E) for the development of two residential units at the rear, comprising a one-bedroom garden apartment and a one-bedroom duplex apartment, offering potential for value-add and future rental income.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
861 SF
Building Class
B
Year Built
1960
Price
$375,637 CAD
Price Per SF
$436.28 CAD
Tenancy
Single
Building Height
2 Stories
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Nearby Major Retailers
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718 Christchurch Rd
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