Co-op Food, Bournemouth

 

14 Queens Road, Bournemouth, Dorset, BH2 6BE

Offers in excess of
N/A
Managed
Type - Commercial
Tenant type - Supermarket
  • Tenure: Freehold
  • Gross Rent: £55,000
  • Lease Term: 15 years from Jan '14
  • VAT applicable?: Yes
  • RPI linked rent reviews

Property Description

  • Freehold convenience store investment
  • The property comprises a substantial two-storey brick built structure with a third storey formed within principally pitches of slated roof, with a large basement below it, and a more recent western extension.
  • It was built originally in around 1909 as a railway hotel and the building has architectural details such as Elizabethan style bays and rounded curved glazing.
  • The single-storey section is open plan and used for retail whilst most of the ground floor of three-storey portion has been adapted to form various stockrooms, chiller rooms areas and WCs. It also benefits from a shallow forecourt used for displaying goods and customer car parking.
  • The remainder of the property has been sold off on a long lease.

Location Description

  • Bournemouth forms part of a large conurbation in south-east Dorset which has a combined population including principally Poole and Christchurch (together with other towns and villages, spreading into south-west Hampshire) with a population of around ½ million.
  • This is considerably swelled during summer months with holiday makers and visitors
  • The property is situated off Queens Road, a busy cross town route
  • Along Queens Road itself, there are, in some substantial terraces several shops on either side of the road including restaurants, a hairdresser and an independent convenience store.
  • There is some on-street parking facility, though none immediately outside of the subject property.
  • There is a large public car park opposite principally intended for the long-term parking of coaches

Tenancy & Accommodation Schedule

Tenancy & Accommodation Schedule

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