Acuitus · 29 Oct 2026 · in 10 days
Town Centre Multi-storey Car Park Investment
The Square Car Park, 22 Richmond Hill, Bournemouth, Dorset, BH2 6EJ · South West
LiveOtherLeaseholdLet
- Guide
- £1,250,000
- Rent a year
- £199,450
- Yield on the guide
- 16.0%
- Payback
- 6.3 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
Acuitus hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.
How it compares
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Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Acuitus' record
Acuitus' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Leasehold commercial lot in 22 Richmond Hill. Producing £199,450 a year, a 16.0% gross yield at the guide.
Town Centre Multi-storey Car Park Investment. Comprises multi-storey car park arranged over 5 levels. 236 secure car parking spaces. Total approx. site area of 0.18 Ha (0.44 Acres). Prominent town centre location. Within walking distance to The Square, Commercial Road and Bournemouth Pier. Nearby occupiers include Tesco Express, Starbucks, McDonald's, Tortilla, Zizzi, Zara, Primark, Bournemouth Shopping Arcade and The Avenue Shopping Centre. 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 occupies a large plot on the west side of Richmond Hill, in a prime retail location, less than 100 meters north of The Square and within walking distance to the pedestrianised Commercial Road. The property also benefits from being close by to Bournemouth Pier. Nearby occupiers include Tesco Express, Starbucks, McDonald's, Tortilla, Zizzi, Zara, Primark, Bournemouth Shopping Arcade and The Avenue Shopping Centre. Tenure: Long Leasehold. Held for a term of 999 years from 23/07/2002 until 22/07/3001 at a rent of £10 per annum.
Figures come from Acuitus' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.