High Street, Ringwood, Hampshire, BH24

Property Details: • Type: Office • Tenure: N/A • Floor Area: N/A

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%

Location: • Nearest Station: Hinton Admiral Station • Distance to Station: 7.3 miles

Agent Information: • Address: 2 High Street Ringwood, Hampshire BH24 1AF

Full Description: 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 - £399,000Rental income: £28,500 p/aYield: 7.14%Tenancies:Ground floor tenancy - Lets Accommodate Hampshire Limited Trading as BrightWater.Term- 5 years but can be negotiatedCommencement date of the lease- 2024Rent £18,000 p/a NO VATEPC Rating B A1, A2 Usage First floor tenancy:Rent - £10,500 p/aTenancy length 12 months expires 29/10/25Council tax band A EPC Rating ETotal Approx 1487 sq ftAll 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 CertificatesEPC Rating Graph