Commercial Investment - 32-33 The Triangle

Overview

Reference: 6353/SGC
Type: Investment
Contract: For Sale
Location: Bournemouth
Area: 1322ft2
 For full details CLICK HERE to download PDF

Commercial investment for sale in Bournemouth

Location

The premises occupy an established secondary trading position to the west of Bournemouth Square adjacent to the bus terminus and across from The Triangle shopping development and the town’s Library.  Close by is one of Bournemouth’s principal multi storey shoppers’ car parks (approximately 950 spaces).  Multiple retailers including Marks & Spencer, Betfred, KFC and Tesco Express can be found within a few yards as can the prime pedestrianised shopping thoroughfare of Commercial Road where numerous multiple retailers are represented.

Accommodation – arranged as one unit

32 The Triangle

Internal Width ~Built Depth ~Net Sales AreaTwo Steps up into 18’4”61’833 sq ft 5.59 m18.59 m77.42 m²
Kitchen with doors toOfficeCloakroomBasement

33 The Triangle

Internal Width~Depth ~Net Sales AreaDoor to 32’18’489 sq ft 9.75 m5.49 m45.45 m²
Lobby leading to:-CloakroomBasement

Self-contained with external access from rear yard.

Lease

The business has just sold for a premium.  The premises are let by way of assignment to Ala Uddin trading as Mint Leaf Indian Brasserie on a 5 year lease from December 2015 (renewal of original 5 year lease) at a current rent of £23,000 per annum.  Tenant only break in January 2019.  A subsequent 15 year lease extension has been documented from December 2020 within the Landlord and Tenant Act 1954, 5 year upward only reviews and tenant only break clauses. Copies of Lease and Reversionary Lease available from this office.

The 4 flats over are sold off on 99 year ground leases from October 1988 at a peppercorn – 71 years unexpired.

Price – Best offers invited on £225,000

VAT 

Unless otherwise stated terms are strictly exclusive of Value Added Tax and interested parties must satisfy themselves as to the incidence of this tax in the subject case.

 


Property Misdescription Act and Misrepresentation Act: These particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract. Nettleship Sawyer cannot guarantee the accuracy of any description, dimension, references to condition, necessary permissions for use and occupation and other details contained herein and the prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy. No employee of Nettleship Sawyer has any authority to make or give any representations or warranty or enter into any contract whatever in relation to the property. Rents or prices quoted in these particulars may in addition be subject to VAT. Nettleship Sawyer will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.