Commercial Property in SO41 available for sale
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Commercial Property for Sale near SO41, Lymington

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Commercial Properties for Sale Within 5 miles of the SO41, Lymington

More details for 47 Station Rd, New Milton - Retail for Sale

47 Station Rd

New Milton, BH25 6HU

  • Retail for Sale
  • £350,000
  • 4,380 sq ft
  • Energy Performance: C
  • Security System

New Milton Retail for Sale

This property, located in the desirable area of New Milton, offers excellent visibility and accessibility, situated at the prominent junction of Station Road and Osborne Road, just 100 meters from the train station. Currently leased to Lloyds Bank Plc, the ground floor serves as a banking hall, with office and ancillary space on the upper floors. The property includes rear parking and has potential for redevelopment, with a feasibility study available for converting it into a commercial unit and three flats (subject to consents). Property is currently occupied by Lloyds Bank Plc, which has served notice to break the lease on 31st January 2026, with the branch set to close in 2025. The asking price offers in excess of £350,000.

Contact:

Koopmans

Property Subtype:

Bank

Date on Market:

25/02/2025
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LoopNet UK Hampshire Lymington Commercial Properties For Sale in SO41, Lymington, UK

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FAQs about Commercial Properties For Sale in SO41

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How many Commercial Property listings are available for sale in SO41?
There are currently 3 Commercial Properties available for sale near SO41. These SO41 Commercial Property listings have an average size of. The largest available listing in SO41 is. The thriving commercial centre and excellent transport links in SO41 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in SO41?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in SO41 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in SO41?
There is a diverse range of commercial properties available in SO41 to suit various business needs. SO41 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 3 SO41 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the SO41, Lymington

You searched for commercial property for sale in SO41. Explore 3 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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