Property Details

INVESTMENT FOR SALE

To Let - Available
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Property ID: C6557-5RR

To Let Guide price £275000 plus VAT

Features

  • Ground floor shop and first floor offices
  • Investment for sale

Address

  • 5 Ringwood Road, Verwood, BH31 7AA

SITUATION AND DESCRIPTION
Verwood is a busy and affluent town between Bournemouth, Southampton and Salisbury. The town is located next to the New Forest. Ringwood Road is the main thoroughfare and this property is situated within the core of the commercial centre of the town.

This is a two storey building with a spacious lock up shop with rear storage building and offices over. There are two parking spaces to the front.

ACCOMMODATION
Ground Floor
Retail Area 394 sq.ft. (36.66 sq.m.)
Rear Office 90 sq ft. (8.40 sq m)
Kitchen 72 sq ft. (6.69 sq m)
Rear Store 178 sq ft. ( 16.7 sq m)
Small storage area and WC
Sub Total 760 sq ft. ( 70.66 sq m)

First Floor
Office 1 276 sq ft ( 25.69 sq m)
Office 2 71 sq ft ( 6.60 sq m)
Landing 43 sq ft ( 4.00 sq m)
Sub Total 390 sq ft (36.29 sq m)

Total Floor Area 1150 sq ft ( 106.88 sq m)

REAR LAND
There is a large garden to the rear of the property (Circa 1500 sq ft to be confirmed)

PLANNING
This property falls within Class E Commercial Businesses and Services, which include A1 retail, A2 office, A3 Catering, B1 Light Industrial, Indoor sports and Medical use, crèche/day nursery
EPC RATING
Ground Floor C
First Floor E

TENURE
The property is let as a whole to a Barbers on a new 5-year, full repairing and insuring lease from 20th March 2023 at a rent of £16,000 p.a. plus VAT

The tenant has paid a £8,000 rent deposit.

GUIDE PRICE
Freehold: £275,000 plus VAT

VIEWING AND FURTHER DETAILS
By arrangement with Ellis and Partners through whom all negotiations are to be conducted.

 

VIEWING AND FURTHER DETAILS

By arrangement with Ellis and Partners through whom all negotiations are to be conducted.

Property Map
Call today to discuss your property needs on 01202 551 821 for Commercial, 01202 552 236 for Residential or 01273 771 393 for Brighton