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£100,000 beach hut

Wednesday 03 November 2004
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A BOURNEMOUTH beach hut which measures just 8ft by 14ft sold for £100,000 yesterday.

The one-room brick chalet at Southbourne Beach, which has a view over Poole Bay, but no toilet, sold with 54 years left on its lease.

The hut was previously sold 20 years ago for only £7,500.

Solicitor Joss Payne, managing partner at Bournemouth law firm Laceys, who handled both the 1984 purchase and the current sale, said: "I told the buyer then that I thought he was crazy to pay that much, but how wrong can you be? That's been a pretty effective investment."

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