Fully refurbished, tenanted shop with parking and steady income potential.
Freehold ground-floor retail/office with basement
A compact freehold commercial investment on Christchurch Road, offered with an occupied ground-floor retail/office unit and basement. The unit has been fully refurbished, benefits from allocated off-street parking and modern heating with double glazing, making it low-maintenance for an investor seeking immediate income.
Income is supported by tenants in situ and two adjoining flats on new 125-year leases paying ground rent. The property has a rateable value of £4,800 and a modest council tax band B, presenting clear short-term cashflow potential in a busy town-centre location close to transport links and sandy beaches.
Buyers should note material negatives: the area records above-average crime and is classified as deprived, the plot is small and the building has assumed cavity walls with no added insulation. There is a £500 ground rent and the wider market is mixed — factor potential management costs and local demand when assessing yield.
This is best suited to investors or buyers seeking a hands-off income stream with immediate occupancy. The recent refurbishment reduces near-term capital expenditure, but prospective purchasers should verify services, lease terms, and insurance considerations before committing.
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