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The Inn On The Furlong 12 Meeting House Ln 4,184 sq ft Retail Property Ringwood BH24 1EY £885,000 (£211.52/sq ft) 8.72% Net Initial Yield
Investment Highlights
- A period property comprising a public house and outside terraces.
- Good level of footfall being in a predominantly retail location.
- Located in Ringwood, Southwest Hampshire, a stone’s throw from the picturesque New Forest and in earshot of the river Avon.
Executive Summary
We are instructed to seek offers in excess of £885,000 (Eight hundred and eighty five thousand pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 8.72%
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
4,184 sq ft
Costar Property Class
B
Year Built
1890
Price
£885,000
Price per sq ft
£211.52
Yield
8.72%
NOI
£77,172
Tenancy
Single
Number of Floors
2
Plot ratio
1.00
Total Plot Size
0.10 ac
Frontage
41 ft on Meeting House Lane
Amenities
- 24 Hour Access
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Nearby Major Retailers
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Photos
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The Inn On The Furlong | 12 Meeting House Ln
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