Summary - 387, ASHLEY ROAD BH14 0AT
1 bed 1 bath Commercial Property
**Standout Features:**
- High-yield retail investment opportunity with RPI linked rent reviews.
- Currently leased to a well-established local café (Pams Coffee Bar).
- Attractive lease expiring on June 24, 2027, at a rental income of £5,200 per annum (13% Gross Initial Yield).
- Prime location on Ashley Road in Parkstone, an affluent suburb of Poole, ensuring high foot traffic.
- VAT-free investment, ideal for investors seeking streamlined returns.
- Nearby amenities include popular retailers like Waitrose and Iceland, along with various local dining options and services.
**Summary:**
Seize this strong retail investment opportunity in a vibrant location with excellent potential. This Victorian commercial property, currently leased to a local café, promises a stable income stream with RPI linked rent reviews scheduled, making it a smart addition to any portfolio. With a rental yield of £5,200 per year and a favorable position on the bustling Ashley Road, this property benefits from the high footfall of both locals and visitors.
However, take note that the lease has only 4 years remaining, which may present challenges for mortgage financing. Despite this, the property boasts a prominent position amongst a blend of national and independent retailers, creating a dynamic environment. Its excellent broadband and mobile signal further enhance its appeal for future tenants. This VAT-free investment opportunity in an affluent area is not to be missed—act quickly to secure your place in this thriving community.
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