Freehold Commercial Investment Sold In Boscombe
Commercial property agents, James and Sons, have secured the sale of a mixed retail and residential investment in Boscombe. The property occupies a position on Christchurch Road, close to the main pedestrianised shopping area and the Sovereign Centre.
It has been sold on behalf of a private client to a local property investor. Subject to a single lease to an individual, the property comprises 524 sq ft of retail, a ground floor self contained flat and separate flat on the first and second floors. The property was marketed at £240,000 for the freehold interest.
Commercial property agent, Charles Morgan, commented “The property attracted a lot of interest from local and regional investors. This is James and Sons’ second freehold commercial investment to complete so far in 2015. We also have a number of retained clients who are actively seeking similar properties offering asset management or development opportunities.”