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COMMERCIAL

High Street, Ringwood, Hampshire, BH24

£399,000
BrightWater, Ringwood
PROPERTY TYPE

Office

BEDROOMS

1

SIZE

1,487 sq ft

138 sq m

Key features

  • Located in the busy Ringwood town centre
  • Two storey mixed use property
  • Tenure- Freehold
  • Investment Opportunity
  • Rental Income - £28,500 p/a
  • Yield 7.14%

Description

** PROPERTY FOR SALE NOT BUSINESS ** The property is a Freehold Grade II listed building, two storeys which have been split into an office on the ground floor and a one bedroom self-contained flat on the first floor which is rented on a Assured Shorthold Tenancy. The flat has recently been modernised. There is access to the front and rear.

The ground floor premises is accessed from the High street or from an alternative side entrance on Southampton Road.

Investment Opportunity:
Purchase price - £399,000
Rental income: £28,500 p/a
Yield: 7.14%

Tenancies:
Ground floor tenancy - Lets Accommodate Hampshire Limited Trading as BrightWater.
Term- 5 years but can be negotiated
Commencement date of the lease- 2024
Rent £18,000 p/a NO VAT
EPC Rating B
A1, A2 Usage

First floor tenancy:
Rent - £10,500 p/a
Tenancy length 12 months expires 29/10/25
Council tax band A
EPC Rating E
Total Approx 1487 sq ft

All mains services are connected.

There is a small secluded courtyard at the rear with two secure brick outbuildings.

Ringwood is a vibrant market town located in Hampshire in the New Forest. It provides convenient transport links to Bournemouth, Southampton and Salisbury.

The property is a Grade II listed building and it is located within a conservation area. The local authority is New Forest District Council.

Viewings can be made by appointment with BrightWater.

Energy Performance Certificates

EPC Rating Graph

High Street, Ringwood, Hampshire, BH24

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hinton Admiral Station7.3 miles

About BrightWater, Ringwood

2 High Street Ringwood, Hampshire BH24 1AF
Industry affiliations:Industry affiliation logo 0

BrightWater is an independent, family run property agency with a passion for property.

BrightWater specialises in; residential lettings, sales, buy to let and property management.

Our business is built on energy, agility, professionalism and knowledge, with a commitment to remaining at the heart of our community.

BrightWater provides dedicated staff within each department who are experts within their field. We believe the secret to success is a blend of outstanding old-fashioned customer service, incorporating cutting edge technology alongside access to high quality legal advice. This allows us to provide the highest standard in the most effective and efficient timescale. Your expectations are our standard. We know it makes a difference to have professional people on your side, we are passionate about what we do and it shows.

Experts in marketing properties with high-quality brochures, marketing and photography and video tours.

Dedicated staff that will assist you if you are looking to enter the world of Buy-To-Let.

We strongly believe in giving honest advice and a fair free, no obligation valuation.

Strong presence on Social Media with our own YouTube channel.

In house Property Management and Accounts team.

We are available 7 days a week.

Whether you have a large Country House, family home, or a flat, our experienced sales and lettings team will guide you through the process. Give you up to date advice on current legislation and ensuring that you remain compliant during your journey with us. With a reputation for knowledge, integrity and forward-thinking, BrightWater has been providing professional property services since 1962.

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Disclaimer - Property reference RWO240072. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BrightWater, Ringwood. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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