Available
Bournemouth – Barber`s
9 East Howe Lane, Kinson, Bournemouth, Dorset BH10 5HXVirtual Freehold Retail Investment
Price
£80,000
Rent P.A.
£7,200
Yield
9.00%
Tenure
Leasehold
Lease Term
6 Years 11 Months
Years Left on Lease
4y 8m
Area
700 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Let until 2030. No breaks. Rent review in 2027
- Comprises ground floor retail shop t/a Barbers
- Property benefits from outdoor area at front suitable for parking or retail use
- Occupiers nearby include Takeaways, Nail Salon, Esso Petrol Station and more.
Key Features
Tenure
Leasehold
VAT
VAT is not applicable.
Property Description
Comprises ground floor retail shop t/a Barbers with large forecourt suitable for either parking or additional displays, providing the following accommodation and dimensions:
Ground Floor: 65 sq m (700 sq ft)
Open plan retail, storage, wc
Ground Floor: 65 sq m (700 sq ft)
Open plan retail, storage, wc
Tenancy Description
The property is at present let to Yilmax Barber Limited for a term of 6 Years 11 Months from 1st September 2023 at a current rent of £7,200 per annum and the lease contains full repairing and insuring covenants. Rent review on 01.12.27 open market upward only. No breaks. Deposit held of £1,500. Personal guarantee.
Tenancies & Accommodation
Location Description
The property is situated in the middle of a long established retail parade catering for the residential occupiers in the high density housing that surrounds the parade. Occupiers nearby include Chinese takeaway, Fish and Chips, Nail Salon, Esso Petrol Station and more.





