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Shops - COMMERCIAL FREEHOLD INVESTMENT
COMMERCIAL FREEHOLD INVESTMENT
| The Estate Office, Ringwood Road, Burley. BH24 4BS |
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| LOCATION |
Burley is a much sought after New Forest village popular with tourists visiting the forest and well known as an exclusive residential area. Access to the A31 trunk road is approximately 2 miles leading to Southampton and the motorway network to the east and Bournemouth and the South Coast, to the west. |
| ACCOMMODATION |
The property occupies a good trading corner location beside the main retail area of the village. There is a frontage to Ringwood Road and a valuable return frontage to Garden Road.
Ground Floor: 15’0” x 14’0” (4.57m x 4.26m) approx.
Feature staircase leading to:
First Floor: 13’9” x 9’7” providing office and kitchenette.
Cloakroom.
Ground Floor Sales: Approx. 210 sq. ft. (19.51 sq. mt.)
First Floor: Approx. 142 sq. ft. (13.19 sq. mt.)
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| TENANCY/COVENANT |
The property is let as an A2 user for a term of 12 years from 10th October 2006 on a full repairing and insuring basis excluding the structure of the roof, subject to three yearly rent reviews, the next review date 10th October 2012. The current rent is £10,000 per annum exclusive.
The premises are currently let to Penyards Country Properties Limited who acquired the lease by way of an assignment dated 1st November 2011. The original tenant, David Fells, upon assignment entered into an Authorised Guarantee Agreement.
Although the property is known as the address above, the lease address is The Estate Office, 4a Garden Road, Burley, Ringwood. BH24 4EA. A copy of the lease and assignment documents may be inspected at our office. |
| V.A.T. |
The property is not registered for V.A.T. |
| PRICE |
OFFERS INVITED FOR THE FREEHOLD
Price guide £130,000 |
| VIEWING |
Strictly by confirmed appointment only please through the Agents,
Simon Neave 01425 470570 or office@carrandneave.co.uk |
ENERGY
PERFORMANCE
CERTIFICATE |
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Messrs Carr & Neave for themselves and for the vendors or lessors of these properties whose agents they are give notice that:
(i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract;(ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Carr & Neave has any authority to make or give any representation or warranty or enter into any contrract whatsoever in relation to a property. Rents or prices quoted in these particulars may in addition be subject to VAT. Messrs Carr & Neave will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.
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