122 - 124 Castle Lane West
Bournemouth
Dorset
BH9 3JU
Charminster Road, Bournemouth
Asking Price £400,000
3 Bedroom Commercial
Freehold Mixed-Use Investment – £400,000
97 Charminster Road, Bournemouth, BH8 8UH
A rare opportunity to acquire this freehold mixed-use investment property in a highly visible and busy secondary retail location on Charminster Road.
The property comprises a ground-floor licensed bar (MY Bar) with strong local trade and a self-contained 3-bedroom flat above, currently producing a combined income of £1,900 per calendar month (£22,800 per annum).
Investment Highlights
Freehold building with dual income streams
Current income: £1,900 pcm
Asking price: £400,000
Gross yield: approx. 5.7%
Reversionary income potential: £2,300–£2,400 pcm (flat provide circa £1,200–£1,300 pcm on re-let)
Reversionary gross yield: approx. 6.9%–7.2%
Busy suburban high street location with strong footfall and excellent amenities
Commercial tenant trading well with proven local reputation
Strong residential letting demand in the area
Property Features
Commercial (Ground Floor)
Well-established licensed bar with consistent trade
Positioned within a popular hospitality and retail strip
Excellent frontage and visibility
Licensing and fixtures in place for ongoing operation
Residential Flat (Upper Floors)
Spacious 3-bedroom self-contained flat
Separate access
Potential to re-let at market rents of approx. £1,200–£1,300 pcm
Ideal for residential tenant income uplift or owner occupation
Location
Situated on Charminster Road, a busy and well-served secondary high street in Bournemouth. The area benefits from a dense residential catchment, strong passing trade, excellent transport links and a broad mix of independent retailers, cafés, and services — making it an established location for both commercial operators and residential tenants.
Investment Summary:
97 Charminster Road offers a robust and diversified income profile with low management risk and upside repositioning potential. The property is well suited to investors, buy-to-let landlords or owner occupiers wishing to cont
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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