New Milton Retail for Sale
Investment Consideration:
Vacant possession
ERV: £29,400 p.a. GIY: 9.97%
VAT is NOT applicable to this property
Comprises ground floor shop with ancillary at basement and 1-bedroom flat at first floor
Property benefits from parking at rear
Located opposite New Milton Train Station providing direct rail connections to Bournemouth, Southampton and London
Occupiers close by include Morrisons, Domino’s, Boots and M&S Food.
Property Description:
The ground floor comprises a large front showroom with prominent display frontage, office, lobby, kitchen, storage room and ancillary accommodation, together with a substantial rear staff room and additional office space. The basement provides further useful storage and ancillary space. The first floor includes a spacious lounge, bedroom, kitchen, hallway and WC facilities, providing the following accommodation and dimensions:
Ground Floor: Open plan retail, office, staff room, storage, kitchen, wc
Basement: Ancillary, storage
First Floor: Reception, lounge, kitchen, bedroom, bathroom/wc
Total GIA: 228 sq m (2,454 sq ft)
Tenancy:
The entire property is at present vacant. ERV: £29,400 p.a.
Location:
Situated on the highly sought-after Station Road, this prominent property benefits from strong pedestrian footfall, excellent visibility, and immediate access to national retailers including Morrisons, Domino’s, Boots, Superdrug and M&S Food, making it an ideal location for a wide range of commercial occupiers. New Milton station is situated opposite the property, providing direct rail connections to Bournemouth, Southampton and London Waterloo, further enhancing the property’s appeal for both customers and staff.