Summary - Flat 1 33, Sea Road, Boscombe, Bournemouth BH5 1DH
1 bed 1 bath Retail Property (high street)
**Property Highlights:**
- Location: 33 Sea Road, Boscombe, Bournemouth, Dorset, BH5
- Price: £130,000 freehold plus VAT
- Ground floor restaurant/café currently vacant, offering a rental potential of approximately £13,000 p.a. plus VAT
- 8 residential flats on 125-year leases with an annual ground rent of £1,850
- High foot traffic and visibility in a lively coastal area, attracting both locals and tourists
- Edwardian architectural charm with bay windows, benefiting from a prominent corner position
This mixed-use property presents an exciting opportunity for both owner-occupiers and investors alike. Located on the bustling Sea Road in Boscombe, it features a vacant ground floor restaurant with strong rental income potential and eight residential flats above, which already generate consistent income. The charming Edwardian design, coupled with its prime location near numerous local amenities, creates a strong appeal for both commercial and residential tenants.
However, prospective buyers should be aware of the relatively high ground rent of £1,850 annually, which could affect profitability. The area, while vibrant, does experience above-average crime rates and is categorized as having high deprivation. This investment is ideal for those seeking to capitalize on a property that would benefit from renovation or rebranding in an area filled with tourists and a diverse community.
Don’t miss this chance to pair a lucrative retail venture with residential investment in an area that promises growth! With its unique charm and strategic position, this property won’t be on the market for long.
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