3-4 High Street, Lymington, SO41 9AA

Description

The town of Lymington is situated on the South Hampshire coast on the River Beaulieu just to the south of the New Forest. Lyndhurst is approximately 8 miles to the north and Bournemouth about 20 miles to the west. The premises enjoy a good secondary trading position in an established retail area at the bottom end of the High Street close to its junction with Captains Row and Gosport Street.
Properties in the immediate vicinity are mainly retail in character with adjoining users including Crew Clothing Company and Henri Lloyd. Quba and Co. are opposite.
The property comprises a ground floor retail premises and self-contained maisonette on the first and second floor. The ground floor retail premises benefits from a W/C to the rear.
The maisonette is configured to provide ground floor entrance, stairs lead immediately up to the first floor kitchen, living room, hallway, bathroom and front bedroom. Stairs lead to two additional bedrooms on the second floor.

Accommodation

Accommodation Total Internal Area 859 Sq Ft 79.8 Sq M
Maisonette Total Gross Area 1,109 Sq Ft 103 Sq M

Rating

Rateable Value £18,000
Source - voa.gov.uk
The 2024/2025 small business multiplier is 0.499 (XXX payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation.
*If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.

Terms

Offers considered in the region of £380,000 subject to contract for the freehold interest with vacant possession of the ground floor from 23rd March 2025, due to break option operated.

Viewing / Further Information

Contact Duane Walker 023 8022 2292 dwalker@primmeroldsbas.co.uk
or
Contact Oliver Noble 023 8022 2292 onoble@primmeroldsbas.co.uk

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 Commercial B (50)
Residential D (55)

Brochure Header

Grade II Listed Investment Opportunity
( Agency Pilot Software ref: 4620 )