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#Business ID: 18706

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Substantial Attractive Period Building In Popular Location

Business Location: Knyveton Road, Bournemouth, Dorset, England

Asking Price: £ 575,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

SITUATION AND DESCRIPTION

A large detached three storey former grand house set in its own grounds with parking for several vehicles to the front, large rear garden, single garage and further vehicle access from Woodford Road.

The property is generally in a good state of repair and is finished to a high standard. The property has most recently been used as a private dwelling and prior to this as a hotel and student accommodation. The fire safety provisions within the property have been updated in part to meet the requirements of the current legislation for properties in multiple occupation.

LOCATION

Please see location plan attached.

Knyveton Road is an attractive road located within the East Cliff area of Bournemouth and is characterised by a number of hotels and apartment blocks. Bournemouth beach is approximately 500 metres to the south.

ACCOMMODATION

Please see floor plans attached, these plans are not to scale and are indicative only.

The ground floor comprises kitchen, utility and stores, 2 reception rooms, office, 2 WC’s, shower room and 5 further rooms / bedrooms.

The first floor comprises 7 bedrooms, 3 bathrooms with WC and a separate WC.

The second floor comprises a self contained two bedroom apartment (which could be converted to provide bedrooms with WC and shower room).

Externally there is a single garage to the rear of the property and stores.

BUSINESS RATES

The above premises was last subject to business rates in 1977.

This property is subject to council tax at the following rates:
Ground and first floor: Band F
Upper floors: Band A

TENURE

The property is held by way of a long lease for a term of 99 years from the 25th December 1964 expiring the 24th December 2063. The current rent is £160 per annum. Under the terms of the lease the property is to be used as “private hotel” however we are informed by the owners that the property has been used as private letting rooms in the past.

PRICE

Offers sought in the region of £575,000 for our clients long leasehold interest.

LEGAL FEES

The incoming tenant will be responsible for their own legal fees.

VIEWING AND FURTHER DETAILS

By arrangement with Ellis and Partners through whom all negotiations are to be conducted.

Tel: 01202 551821
Website: www.ellis-partners.co.uk

Property Details

Property Type:

Lease

Other Business Details

Business Location:

17, Knyveton Road, Bournemouth, Dorset, BH1 3QG

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