• Freehold consented parcel of land.

• Live consent for a mixed use scheme comprising 211 flats and a Class A1/A3 Coffee Shop.

• In addition the site has a lapsed PBSA consent for the delivery of 625 student rooms.

• Sealed Bids will be called 30th January 2025. Contact [email protected] for further information.

Property Description

The site is located in the heart of the retail and leisure core of Bournemouth town centre and has live planning consent for a mixed use scheme consisting of 211 flats and a Class A1/A3 coffee shop on GF (ref: 7-2019-1179-BG). (see NB)

In addition the site has a lapsed PBSA consent for the delivery of 625 student rooms.

NB - The consented scheme includes permission to build one of the four buildings on land which does not form part of this sale. This does not prevent development of what has been consented over the land being sold. Interested parties are referred to the legal pack and planning portals.

The adjoining property was substantially re-developed in 2001 to provide approximately 77,300 sqft of retail accommodation arranged over ground and first floor with a multi storey car park above operated by Bournemouth Borough Council.

For further information and access to the data room please contact [email protected] - 020 7861 5141. Sealed bids will be called 30th January 2025.

VAT IS applicable to the sale.

For the avoidance of any doubt, the extent of the land to be sold is on the plan associated with the draft transfer. These documents are available within the legal pack and interested parties are deemed to have read and understood them. Please note that any outline shown on any planning document should be cross referenced with this plan including those images and/or plans shown as part of the particulars of sale.

Location

Bournemouth is one of the UK’s premier costal resorts located 100 miles south west of London, 6 miles to the east of Poole and 22 miles to the west of Southampton. The town has a population of approximately 183,000 and a primary catchment population of 432,000.

Occupancy

Vacant

Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction and is being sold as on an Unconditional basis. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to the Common Auction Conditions and Extra General Conditions. Auctioneer Fees and Deposit. The following deposits and non-refundable auctioneer fees apply: • 10% deposit of the purchase price, subject to a minimum of £5,000. The deposit contributes to the purchase price. • Buyer’s Fee- is £1950 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property. The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability. There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully and take professional advice before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions’ website. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Auction Conduct Guide.