Commercial Property in Ringwood available for sale
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Commercial Properties for Sale in the Ringwood, UK

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More details for 7-8 Christchurch Rd, Ringwood - Industrial for Sale

Millstream Trading Estate - 7-8 Christchurch Rd

Ringwood, BH24 3SB

  • Industrial for Sale
  • £675,000
  • 7,167 sq ft
  • Energy Performance: E

Ringwood Industrial for Sale

Freehold commercial investment opportunity for sale at £675,000. The premises are let to Solar Service Solutions Limited with guarantors on a 6 year excluded full repairing and insuring lease from 27th March 2023. There is a tenant option to break at the end of year 3 subject to a minimum of 6 months prior notice in writing. Rent: Current passing rent £59,500 per annum with upward only open market rent review at the end of year 4. A rental deposit is held by the landlord. his end of terrace double unit provides substantial factory space with quality office accommodation. Gross internal dimensions 23.0m x 20.9m (75’6” x 68’7”) Gross Internal Area approx. 480.70m² (5,172 ft²) plus first floor offices approx. 185.34m² (1,995 ft²) Factory: Approx. 310m² (3,337 ft²) most of which is full height, roller shutter doors both to the front and rear of the premises. Two mezzanine areas. Offices: Fully air conditioned offices mainly at first floor level, meeting room, kitchen, male and female toilet facilities. All fully fitted to a high standard.

Contact:

Carr & Neave

Date on Market:

29/02/2024
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LoopNet UK Hampshire Commercial Properties For Sale in Ringwood, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Ringwood

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How many Commercial Property listings are available for sale in Ringwood?
There are currently 5 Commercial Properties available for sale near Ringwood. These Ringwood Commercial Property listings have an average size of 5,629 sq ft. The largest available listing in Ringwood is 11,741 sq ft. The thriving commercial centre and excellent transport links in Ringwood make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Ringwood?
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 Ringwood currently range from £71 to £249 per square foot. While the average net initial yield for Commercial Properties is 8.76%.
What other types of commercial property are available for sale in Ringwood?
There is a diverse range of commercial properties available in Ringwood to suit various business needs. Ringwood offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 5 Ringwood 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 Ringwood, UK

Market Overview for Commercial Properties in Ringwood

Key information for Commercial Properties investors in Ringwood and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Ringwood £140 5,629 sq ft
Three Legged Cross £126 1,892 sq ft
Verwood £69 10,884 sq ft

Rental Price Trends in Ringwood

The price per square foot range for Commercial Properties in Ringwood and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Ringwood £71 £140 £249
Three Legged Cross £119 £126 £132
Verwood £69 £69 £69

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Ringwood area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Ringwood 497 sq ft 5,629 sq ft 11,741 sq ft
Brixham 2,153 sq ft 2,153 sq ft 2,153 sq ft
Three Legged Cross 1,868 sq ft 1,892 sq ft 1,916 sq ft
Verwood 1,414 sq ft 10,884 sq ft 20,354 sq ft
Hurn 12,722 sq ft 12,722 sq ft 12,722 sq ft

You searched for commercial property for sale in Ringwood. Explore 5 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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