Palmerston Road, Bournemouth, BH1

FREEHOLD INVESTMENT OPPORTUNITY -- 10.75% YIELD -- MIXED USE -- 4 LOCK UP SHOPS -- 13 STUDIOS (8 AUTHORISED, 5 UN-AUTHORISED) -- FULLY LET, GENERATING APPROX £134,000 PER ANNUM

Currently fully let and generating approximately £134,000 per annum. Arranged as 4 lock up shops and 13 studios (8 authorised & 5 unauthorised).

Planning history

7-2008-5566-R Outline submission for the erection of a 4 storey block consisting of retail/office unit and 6 flats was granted in Jan 2009.

7-2019-5566-AA Lawful Development Certificate for an existing use of the first and second floors as 8 self-contained studio flats was granted in January 2020.

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