£275,000
(£304.54/sq. ft)
Property for sale36 Station Road, New Milton, Hampshire BH25
903 sq. ft
Available immediately
Freehold
About this property
Ground floor shop
First floor office
Fully let - total annual rent £19,600 p.a.
Situation and Description
The market town of New Milton is located in the south west corner of Hampshire on the edge of the New Forest. New Milton is approximately 6 miles east of Christchurch town centre and 12 miles east of Bournemouth Town Centre.
The property is located on a prime spot along Station Road surrounded by local and national retails such as Dominos, Brewers and Morrisons.
The subject property comprises a ground floor shop trading as a convenience store with an office above.
Planning
This property now falls within Class E Commercial Businesses and Services, which include A1 retail, A2 office, A3 Catering, B1 Light Industrial, Indoor sports and Medical use, crèche/day nursery.
Legal Fees
Each party will be responsible for their own legal fees.
EPC
Shop - C
Office - E
Costs
Once a letting has been agreed, the proposed tenant will need to make a non-refundable applicant charge of £600 plus VAT.
Accommodation Text
Ground floor Shop - 84 sq m - 903 sq ft
First floor Office - 50 sq m - 538 sq ft
Tenure Comments
36 Sation Road - Ground floor shop
25 year lease from 23rd September 2008 to 22nd September 2033.
Rent is £12,600 p.a.
Rent review ever 4 years, the30th June 2024 is outstanding.
Effective full repairing and insuring lease with a service charge
No break clauses
36a Sation Road - First floor office
3 year lease from 19th November 2023 to 18th November 2026
Rent is £7,000 p.a.
Internal repairing and insuring lease
Price - £275,000
Investment for sale
The market town of New Milton is located in the south west corner of Hampshire on the edge of the New Forest. New Milton is approximately 6 miles east of Christchurch town centre and 12 miles east of Bournemouth Town Centre.
The property is located on a prime spot along Station Road surrounded by local and national retails such as Dominos, Brewers and Morrisons.
The subject property comprises a ground floor shop trading as a convenience store with an office above.
Planning
This property now falls within Class E Commercial Businesses and Services, which include A1 retail, A2 office, A3 Catering, B1 Light Industrial, Indoor sports and Medical use, crèche/day nursery.
Legal Fees
Each party will be responsible for their own legal fees.
EPC
Shop - C
Office - E
Costs
Once a letting has been agreed, the proposed tenant will need to make a non-refundable applicant charge of £600 plus VAT.
Accommodation Text
Ground floor Shop - 84 sq m - 903 sq ft
First floor Office - 50 sq m - 538 sq ft
Tenure Comments
36 Sation Road - Ground floor shop
25 year lease from 23rd September 2008 to 22nd September 2033.
Rent is £12,600 p.a.
Rent review ever 4 years, the30th June 2024 is outstanding.
Effective full repairing and insuring lease with a service charge
No break clauses
36a Sation Road - First floor office
3 year lease from 19th November 2023 to 18th November 2026
Rent is £7,000 p.a.
Internal repairing and insuring lease
Price - £275,000
Investment for sale
Mortgage calculator
Monthly repayment
£1,375 per month
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