Investment New Milton - 6/6A Station Road
Commercial investment for sale – New Milton
These terraced premises occupy an established busy secondary retailing position at the northern end of Station Road between the junction with Whitefield Road and the Train Station.
There are a number of national and established local retailers within the immediate vicinity including Subway, Lloyds Pharmacy, Boots, Costa Coffee and Lloyds Bank is immediately opposite.
Accommodation and leases
|6 Station Road|
|Net floor area||1043 sq ft|
Outside Two car parking spaces
Let to Done Brothers (trading as Betfred) by way of an assignment from Ladbrokes Betting and Gaming Ltd for a 10 year term from 1st July 2014, on effectively full repairing and insuring terms at a rent of £8,300 per annum exclusive.
Ground floor store
A self-contained two room store with cloakroom accessed from the rear of the building and providing a net floor area of 439 sq ft + cloakroom.
Currently let on an informal basis to Westlake Clark, Chartered Accountants at £1,000 per annum.
We feel that this does have development potential for conversion to residential (S.T.P.P.)
6a Station Road
Accessed from Station Road and in good order throughout with gas central heating and UPVC double glazed windows.
Kitchen/Diner 12’7” x 10’5”
With fitted worktops, cupboards over and under sink unit. Worcester gas boiler door onto
Southwest facing, secluded and attractive outside area.
Bedroom 1 13’ 1 x 13’
Lounge 19’10” x 15’1 max
With feature fireplace
Bathroom/wc with wash hand basin
Bedroom 2 12’5” x 9’8”
Bedroom 3 20’ x 11’9”
This spacious accommodation has been let to Mrs M Munnik since 1st October 2001 on an Assured Shorthold Tenancy (holding over) at a current rent of £575 per calendar month.
Agents Note: we feel that there is scope for a considerable increase to market rent.
Offers invited over £300,000 for the whole property.
Property Misdescription Act and Misrepresentation Act: These particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract. Nettleship Sawyer cannot guarantee the accuracy of any description, dimension, references to condition, necessary permissions for use and occupation and other details contained herein and the prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy. No employee of Nettleship Sawyer has any authority to make or give any representations or warranty or enter into any contract whatever in relation to the property. Rents or prices quoted in these particulars may in addition be subject to VAT. Nettleship Sawyer will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.