About the property

FREEHOLD FOR SALE IN BOURNEMOUTH¿S PREMIER BUSINESS AND STUDENT DISTRICT FORMER PUBLIC HOUSE WITH REPURPOSING POTENTIAL (STPP)

SUMMARY

- Former public house with owner's accommodation.

- Situated in Lansdowne, Bournemouth's premier business and student district

- Arranged over three storeys

- Approximately 8,628 sq ft

- Site area approximately 0.1 acres (0.04 hectares)

- Of interest to owner occupiers, investors and developers

- Repurposing potential (subject to planning)

- Freehold with vacant possession

- Currently not elected for VAT

LOCATION

The building occupies a prominent position fronting Holdenhurst Road in Bournemouth¿s premier office and student district, Lansdowne. The area has many companies in the financial services, digital and service sectors as well as Bournemouth University and Bournemouth and Poole College.

- A338 Wessex Way 0.5 miles

- Bournemouth Town Centre 1.6 miles

- Bournemouth train station 0.5 miles

- Clifftop 0.8 miles

Approximate distances from Google maps.

DESCRIPTION/FLOOR AREAS

This substantial former public house is arranged over three storeys, of brick construction with a pitched slated roof to the rear and an asphalt flat roof to the front.

Ground floor 335 sq m / 3,601 sq ft

First floor 331 sq m / 3,566 sq ft

Second floor 136 sq m / 1,461 sq ft

Total 802 sq m / 8,628 sq f

REPURPOSING POTENTIAL

The building offers repurposing potential and a variety of uses are considered to be suitable including residential, student accommodation and commercial (subject to planning).

Redevelopment plans have been submitted with BCP Council creating 11 flats above the commercial premises

PLANNING

The building previously operated as a public house with owner's accommodation. The accommodation is currently registered as two flats, the manager¿s flat and the brewery's flat.

Planning has been submitted and awaiting a decision with BCP Council. Planning application number -7-2023-10346-J.

Planning proposal - Erection of a second floor side extension, internal alterations and conversion of the first floor from leisure use (Use Class Sui Generis) to form 9 x residential flats with associated access, bin and cycle storage, and the conversion of the ground floor from a bar/nightclub (Sui Generis) to a commercial space (Use Class E).

The building is not listed, but the adjacent building (the Central Fire Station) is Grade II listed.

Local Authority - BCP Council - www.bcpcouncil.gov.uk

TENURE

Freehold with vacant possession

PLEASE NOTE

We have been informed by our client that the premises are currently not elected for VAT.

Our client will only consider unconditional offers.

Alternatively, you can purchase the residential accommodation and freehold only for £285,000, granting a 999 year lease on the ground floor

AFFORDABLE HOUSING

We are informed there will be no affordable housing liability

RATEABLE VALUE - £41,000 from 1.4.23

EPC RATING - C-52

COUNCIL TAX - Manager's flat - Band B, The Brewery's flat - Band A

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred in the transaction

VIEWINGS

Strictly by prior appointment through the sole agents, Goadsby, through whom all negotiations must be conducted.

IMPORTANT

Anti Money Laundering Regulations

Under Anti-Money Laundering Regulations, we are obliged to verify the identity of a proposed purchaser once a sale has been agreed and prior to instructing solicitors. This is to help combat fraud and money laundering and the requirements are contained in statute. A letter will be sent to the proposed purchaser once terms have been agreed