Acting on behalf of private clients, commercial property agents Goadsby have acquired 103 Poole Road, Westbourne, Bournemouth. The premises have subsequently been let to national retailer Jojo Maman Bebe on a new ten year full repairing and insuring lease.
The premises comprise ground floor retail premises with additional ancillary storage in the form of a 555 Sq Ft basement. The property also has a four bedroom maisonette above and occupies an excellent trading position on Poole Road adjacent to Greggs.
Westbourne is characterised by a wide variety of good quality independent retailers together with numerous multiple retailers including Marks & Spencer’s Simply Food, Boots, Iceland, Starbucks, Tesco Express, Costa and Pizza Express.
The quoting price was £425,000 exclusive of VAT and Grant Cormack of Goadsby said: "We were of course delighted to be able to acquire the premises on behalf of clients and subsequently agree a new full repairing and insuring lease to a national retailer.”
“It is encouraging to see that demand for retail premises in popular suburbs like Westbourne remains strong. This has been demonstrated by several recent transactions in Westbourne including the lettings of 3 Seamoor Road and 51 Seamoor Road”.
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