Boscombe – Retail Investment Deal
Willis Commercial have sold a freehold investment property at 583 Christchurch Road, Boscombe. The property is located in Boscombe’s pedestrianised precinct and comprised a shop and basement trading as The Green Tara and let by way of a 10-year full repairing and insuring lease commencing 22nd February 2012. The rent passing was £18,200 per annum, exclusive in addition to which ground rents totalling £500 per annum were receivable. The property was sold to a London based investor.