Description
For Sale/To Let - Refurbished Double Fronted Class 'E' Unit
Fordingbridge is an attractive town located approximately 12 miles south of Salisbury and 7 miles north of Ringwood on the A338 and has a population of approximately 6000 (2011 Census).
The town plays host to a healthy mixture of local, regional and national retailers trading alongside a range of hospitality lead and Professional services businesses.
Fordingbridge has undergone considerable expansion with several hundred new homes recently built in close proximity to the town.
The subject premises is known as the 'Old School House' which is a grade II listed building fronting Provost Street, comprising several separate ground floor office rooms forming one unit. The unit is suitable for a range of uses and the main front room benefits from a double frontage.
The unit is currently vacant and available to either purchase or let and has been recently fully refurbished by the landlord/vendor.
To the rear, the unit benefits from 2 car parking spaces.
Accommodation
Old School House (Vacant)
Office 1 - 213 Sq. Ft. (19.82 Sq. M.)
Office 2 - 299 Sq. Ft. (27.76 Sq. M.)
Office 3 - 94 Sq. Ft. (8.7 Sq. M.)
Office 4 - 130 Sq. Ft. (12.12 Sq. M.)
Kitchenette
WC
2 Car Parking Spaces
Total Net Internal Area - 736 Sq. Ft. (68.4 Sq. M.)
Planning
Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, cafe, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.
EPC Text
Asset Rating - TBC
Rating
Rateable Value - £7,600
Source www.gov.uk/find-business-rates
Terms
Available by way of a new effective full repairing and insuring lease at a rental of £9,000 per annum, exclusive.
Or
Offers invited in the region of £120,000 with the benefit of vacant possession for a new 999 year long leasehold
We understand that VAT is not payable, however all parties are advised to make their own enquiries into the matter.
Code Of Leasing
All interested parties should be aware of the Code of Leasing Premises 1st Edition, February 2020, for England and Wales, which recommends that they should seek professional advice from property professionals before agreeing or entering into a business tenancy.
Money Laundering
Please note all prospective purchasers will need to be verified for 'Anti Money Laundering' purposes prior to issuing memorandum of agreed terms of sale.