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Freehold Retail Investment - 15 High Street, Ringwood: BH24 1AB
15 High Street | Ref: M.3307
For sale
£350,000

COMMON USE CLASS: A1 Shops

INVESTMENT SUMMARY

  • Freehold Retail Investment
  • Popular New Forest market town
  • Let to Mrs A Cork (by Assignment) on a 20 yr lease from 25.12.01
  • Current rent £20,000 pa.
  • Ground floor retail unit with self-contained 4 bedroom single reception room apartment on the first and second floors
  • Development potential STP
  • Possible regearing and splitting of accommodation on lease expiry

LOCATION

The property is situated in the centre of Ringwood close to Fridays Cross. Ringwood is a vibrant New Forest market town with excellent road communications via the A31 and A338 providing good access to Bournemouth, Poole, Salisbury, Southampton and the motorway network to London.

DESCRIPTION

A mid-terrace 3 storey buidling with self-contained retail accommodation on the ground floor and self-contained residential accommodation on the first and second floors. The property is positioned in the centre of the market town of Ringwood. The property has frontage to the High Street and a rear access from Kings Arms Row.

TENURE - FREEHOLD

SIZE - 844 sq ft (+ upper residential accommodation)

PROPOSAL

We are instructed to seek offers in excess of £350,000

(** Please click the link to download marketing particulars which contains tenancy and further details ---------> ** )

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