Investment property multi-storey car park

The property comprises a substantial multi-storey public car park with two access points onto Richmond Hill, providing approximately 236 car-parking spaces arranged over 5 levels. The property is located approximately 5 miles east of Poole, 33 miles south-west of Southampton, and 108 miles south-west of London, with road access via the A338, A35, and A31, and rail services available via Bournemouth Railway Station. Bournemouth Airport is also nearby. Situated on a large plot on the west side of Richmond Hill in a prime retail location, the property is less than 100 metres north of The Square and within walking distance of the pedestrianised Commercial Road and Bournemouth Pier. Nearby notable occupiers include Tesco Express, Starbucks, McDonald's, Tortilla, Zizzi, Zara, Primark, Bournemouth Shopping Arcade, and The Avenue Shopping Centre. The tenure is long leasehold, held for a term of 999 years from 23/07/2002 until 22/07/3001 at a ground rent of £10 per annum.