Commercial Mortgages in Boscombe, Boscombe East, and Pokesdown: Unlocking Opportunities for Local Businesses
- georsec
- Jun 25
- 4 min read
Updated: Jul 2
The vibrant and diverse areas of Boscombe, Boscombe East, and Pokesdown have long been known for their unique blend of seaside charm and urban development. These neighbourhoods are increasingly attractive to businesses, whether you're looking to expand your current commercial operations or invest in new ventures. If you're considering securing a commercial mortgage in this part of Bournemouth, you're in the right place.
In this guide, we'll explore the options for commercial mortgages in Boscombe, Boscombe East, and Pokesdown, providing insights into the area’s economic environment, key statistics, and how to make the most of financing opportunities.
Why Consider Boscombe, Boscombe East, and Pokesdown for Your Commercial Venture?
Boscombe, once a quiet part of Bournemouth, has undergone a remarkable transformation in recent years. Its vibrant high street, proximity to the beach, and increasing popularity with tourists and residents alike make it an ideal location for commercial ventures ranging from retail and hospitality to office spaces and creative industries.
Boscombe’s Regeneration and Economic Growth
In the last decade, Boscombe has seen significant investment and regeneration. The Boscombe Regeneration Plan, spearheaded by the local council, aims to breathe new life into the area with improved infrastructure, new residential developments, and enhanced cultural attractions. As part of this, the Bournemouth and Poole Local Plan has allocated funding for community projects and business growth, making it a fertile ground for businesses seeking a solid base.
Key economic stats that make Boscombe a compelling choice for businesses include:
Rising property values in the area, with commercial properties in Boscombe seeing a steady increase in value as regeneration takes hold.
Boasting a strong community-focused atmosphere, businesses here benefit from being part of a thriving, local ecosystem that supports independent shops, cafes, and services.
Boscombe East and Pokesdown: The Hidden Gems for Commercial Growth
While Boscombe is grabbing the headlines, Boscombe East and Pokesdown are quickly becoming the go-to locations for businesses looking for a quieter, more affordable alternative with great access to central Bournemouth.
Boscombe East has excellent transport links, including Pokesdown railway station just a short distance away, offering great connectivity to the rest of the country.
Pokesdown, with its eclectic mix of homes and businesses, is a hotbed for creative startups, tech companies, and small independent businesses.
The affordability of commercial property in these areas can often make them more accessible for entrepreneurs and small business owners looking to set up shop in a less saturated market.
Types of Commercial Mortgages Available
When considering a commercial mortgage, it’s essential to understand the different options available:
Owner occupier Commercial Mortgages: Aimed at businesses seeking to purchase a property that will be used for commercial purposes for a business you’re going to run. You’ll typically need a 20-40% deposit for these types of loans.
Landlord Commercial Mortgages: If you’re looking to purchase property to rent out to other businesses, this could be a suitable option. Again deposit starts from 20%, but typically it’s a 25% or 35% deposit.
Key Considerations for Securing a Commercial Mortgage in Boscombe
Property Location: The location of your commercial property is crucial. Areas like Boscombe, Boscombe East, and Pokesdown are growing in popularity, but lenders will also look at how easily accessible your property is, both to customers and suppliers.
Business Viability: Lenders will want to understand your business plan and financial health. If you're looking to purchase or refinance property in these areas, be sure to demonstrate how your business fits into the community and how you plan to grow.
Deposits and Loan-to-Value Ratios: In general, you’ll need a deposit of 20-40% to secure a commercial mortgage, depending on the property and your business profile. Make sure you have these funds available.
Interest Rates: Commercial mortgage rates vary, so it’s important to shop around and compare options. Rates will depend on factors such as the loan amount, term length, and your business’s financial health.
Local Council Support: Some commercial mortgage lenders offer specialised loans for properties located in areas targeted for regeneration, like Boscombe. Be sure to check if there are any local council-backed schemes that might offer you additional support.
Conclusion: Why Now is the Time to Invest in Boscombe, Boscombe East, and Pokesdown
With growing demand, rising property values, and increasing investment, Boscombe, Boscombe East, and Pokesdown present a unique opportunity for businesses seeking a commercial mortgage. Whether you’re looking for a retail space, a creative hub, or a new office location, these areas are becoming the places to watch for future growth and investment.
Now is a great time to explore your options for a commercial mortgage in Boscombe—with the right advice and the right property, you can take full advantage of the opportunities these areas have to offer.
