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    Key features

    • To be offered on Wednesday 28 February
    • Of interest to investors.
    • Let to Blue Ockra Ltd
    • Trading as a Retro Furniture Shop
    • Freehold three storey terraced building
    • Ground floor retail unit let at £6,500 per annum.
    • Three flats sold on long leases paying £700 pa.
    • Rent Reserved £7,200 per annum.

    Additional information

    Tenure

    Freehold - (Three flats sold off on long leases)

    Accommodation

    Ground floor shop - Net sales area 384 sq ft (35.67 sq m)

    Basement stores - 371 sq ft (34.4 sq m)

    Tenancy

    The shop and basement are let on a 10 years lease from 25th November 2020 to Blue Ockra Ltd with personal guarantees from the three directors. There is a rent review to OMV and a tenant break option on 24th November 2026.  

    There was a rent-free period to 25th May 2021 and since then we are advised the rent has been paid regularly each quarter.  The shop trades as a retro furniture and curiosity/artifacts business and previously operated in Camden market.

    Rent

    £7,200 per annum
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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Accommodation / Tenancy Schedule

      Local information

      Situated to the south side of Christchurch Road, close to the junction with Queensland Road,

      Christchurch Road forms part of the A35 linking Bournemouth and Christchurch which produces a good level of passing trade.

      Other nearby occupiers include a grocery shop, a bakery, an interior design studio and many other local independent traders and takeaway restaurants.

      Pokesdown Station is just 0.2 miles to the East

      Transport

      Pokesdown Station - National Rail

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums