Property description

CALLING ALL INVESTORS & DEVELOPERS

We are pleased to bring to the market this once in a lifetime freehold opportunity. From left to right the properties included:

Baytree Letting Estate agents – they currently occupy the ground & first floor as office space as well as the 1st floor above the neighbouring property New Image. New Image Hairdresser – they currently occupy the ground floor. Double fronted unit with office above on 1st floor – Currently vacant.
Double fronted Shop - Currently vacant and 2 Flat above is currently let out.(separate entrance from rear)
The rent currently being achieved is below market value, and you have the potential to increase all of these as all leases/contracts have expired and need to be renewed, the lessees and tenants are aware of this and a new agreement would need to be put into place. Potential rental can be up to £60k-£70k per annum for this whole property, there is also potential to develop on this site – subject to planning permission via Christchurch Council. CALL NOW!!!!!!!!

Details:

Baytree Letting Estate agents – they currently occupy the ground & first floor as office space as well as the 1st floor above the neighbouring property New Image.

New Image Hairdresser – they currently occupy the ground floor.

Double fronted unit with office above on 1st floor – Currently vacant – previously rented to Midland Bank at a rate of £18,000 per annum.

Double fronted Shop – Currently vacant – previously rented to Barclays Bank PLC at rate of £15,000 per annum.

Flat above double fronted shop – Currently let out £6600 per annum.

369 Lymington Road

A1/A2 Retail and Financial/Professional services.
Total floor area: 145m2
Energy Performance Asset Rating: 93

369a Lymingotn Road

Top Floor Flat
Total floor area: 77m2
EER: current 32 potential 66
EIE: current 16 potential 45

371 Lymington Road

A1/A2 Retail and Financial/Professional services.
Total floor area 179m2
Energy Performance Asset Rating: 70

371a Lymington Road

B1 Offices and Workshop Businesses
Total floor area 35m2
Energy Performance Asset Rating: 158

373 Lymington Road

A1/A2 Retail and Financial/Professional services.
Total floor area 26m2
Energy Performance Asset Rating: 138

375 Lymington Road

A1/A2 Retail and Financial/Professional services.
Total floor area 58m2
Energy Performance Asset Rating: 65

Property Features :

• Guide Price
• Tenure: freehold