Commercial · For sale

24 High Street, Christchurch – Prime Retail Banking Investment let to Santander

24 High Street, High Street, Christchurch, Bournemouth, Christchurch and Poole, BH23 1DH

Guide price £575,000

Tenure

Freehold

Added

18 Oct 2026

About this property

Let to Santander UK PLC - FRI lease from 15 May 2026 for 5 years (tenant break 14 May 2029).

A ground floor retail unit configured as an open-plan banking area with office/meeting rooms on the first floor, fitted out by the tenant in its corporate style.

Key points: - Undoubted income - let to Santander UK PLC. - In excess of 4.5 years unexpired lease term. - Prime retailing pitch opposite Marks & Spencer and close to a Waitrose store. - Affluent town and popular tourist destination. - Tenant in occupation since 2000. - £575,000, subject to contract. - 6.75% net initial yield.

Figures are taken from the vendor's particulars and are subject to contract. Enquire through PropSale for the full information pack.

Features

• Passing Rent: £41k pa
• Net Initial Yield: 6.75%
• Tenure: Freehold