Available
New Milton – Vacant Shop & 1-Bed Flat
29 Station Road, New Milton, Hampshire BH25 6HRFreehold Vacant Retail & Residential Investment
Investment Consideration
- ERV: £29,400 p.a. GIY: 9.97%
- 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.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
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)
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 Description
The entire property is at present vacant. ERV: £29,400 p.a.
Location Description
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.