Goadsby and Willis Commercial are pleased to report the sale of the Ground Floor, 38 Christchurch Road, Bournemouth.
The premises are let to the Co-operative Group Food Ltd for a term of 15 years at a current rent of £77,000 per annum exclusive. The quoting price was £1.2M which reflects a net initial yield of 6.06%.
James Edwards of Goadsby commented “From the date we commenced marketing, we immediately received strong interest from a variety of local and regional investors and a sale was agreed very quickly.” James continued “Investors were not only attracted by the lease terms, but they also recognised the strong trading position, being situated on one of the principal thoroughfares entering Dorset’s prime business and student district, where there is currently a surge in development activity.”
For further information please contact James Edwards.
Acting on behalf of private clients, Goadsby Commercial have completed the sale of 16 East Street, Wimborne which comprises of an A1 retail premises with first & second floors. The quoting price was £200,000.
Goadsby Commercial are delighted to have let 478 sq ft office space in the popular City Business Centre in Hyde Street, central Winchester.
Goadsby Commercial are delighted to have let another all-inclusive office suite in the sought after location that is Winchester High Street, to a local business-to-business (B2B) sales and marketing consultancy.