Substantial Established Letting Investment – Minutes From Clifftop

Goadsby Commercial present sea glimpses from upper floors. Well established letting investment also suiting holiday letting/Airbnb. Gas fired central heating with 2 boiler system. UPVC double glazing to second floor. Cavity wall insulation. Masterkey system. Forecourt parking. Lucrative income. 14 year current ownership.

LOCATION
West Cliff – Cliff Top approx. 150 yards. Bournemouth International Centre approx. 650 yards. Bournemouth Square approx. ½ mile. Travel Interchange within 2 miles.

SUMMARY OF ACCOMMODATION
1 x 1 Bedroom Flat. 12 x Studio Flats. 2 x Flatlets (each with private facilities). Office/Store.

TRADING & BUSINESS
It is felt the income could be increased with the reintroduction of holiday letting, however, letting on assured shorthold agreements, the income per calendar month from 1st August 2024 is:

Unit 1 £935.00 Unit 6 £780.00 Unit 11 £615.00
Unit 2 £840.00 Unit 7 £695.00 Unit 12 £615.00
Unit 3 £795.00 Unit 8 £705.00 Unit 14 £800.00
Unit 4 £823.00 Unit 9 £780.00 Unit 15 £495.00
Unit 5 £750.00 Unit 10 £725.00 Unit 16 £755.00
TOTAL £11,108.00

LICENCES/PERMISSIONS
An HMO Licence for 26 persons in 15 households is currently held.