Investment opportunity with Development potential stpp. End terrace corner building situated in the heart of Bournemouth Town Centre. The building comprises of a Ground floor and basement Night Club (Dusk Till Dawn) let on a new 25 year lease with a rental of £42,000 p.a for the first 5 years going up to £48,000 for the next 5 years and then open market condition rent reviews every 5 years there after. On the First and Second Floor there is a Gym (Bull Dog Gym) let on a new 25 year lease with a rental of £18,000 p.a for the first 5 years going up to £22,000 for the next 5 years and then open market condition rent reviews every 5 years there after. On the third floor (top) there is a 4 bedroom flat (not seen) I am advised that the flat is well maintained at let currently for £15,000 p.a. Planning has been submitted for 10 x bedsit/studio flats, which will take up the third floor and roof area. The vendor advises me that Bournemouth Planning have indicated that they will promote this application. Application no: 7-2009-5287-E. The investment is available subject to planning. Total income produced per annum is £75,000. No parking. Reduced Stamp Duty on purchase. For further details please Contact Andrew Hooper. More development and investments available on our web site: www.churchfield.uk.com

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