15-19a Lansdowne Road
Ref 7677
Address 19 Lansdowne Road & Basement Of, 15-19a Lansdowne Road, Bournemouth, Dorset, BH1 1RZ
Property type Investment - Retail
Size 3,160 Sq Ft
Freehold £450,000
The subject premises are located in the very heart of the Lansdowne area where most student accommodation blocks are located. There is significant ongoing development of both accommodation and teaching facilities 'on the doorstep' and accordingly the premises are very well located to benefit from the associated opportunities. At ground floor level is The Juniper Lounge, a spacious bar. Also at ground floor level are male & female WC's. At basement/ lower ground floor level 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 also 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.
- Guide price : £450,000
- Located in thriving tourist destination
- Allocated parking
- Gross yield of 7.77%
- Rental income: £35,000 per annum
- Sublet to The Juniper Lounge