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For Sale£300,000.00

FOR SALE - PRIME SHOP PREMISES with self-contained MAISONETTE - 1,083 sq. ft. - 102 STATION ROAD, NEW MILTON, HANTS, BH25 6LQ

Residential, Retail, Retail - High Street , 1083 Sq Ft
Property type: Residential, Retail, Retail - High Street
Tenure: For Sale Freehold
Size: 1083 Sq Ft
Price: £300,000.00
Location: 102 Station Road, BH25 6LQ
LOCATION
New Milton is a busy Hampshire coastal town on the southern edge of the New Forest National Park. It is located approximately 12 miles to the east of Bournemouth, 15 miles to the south-west of Southampton and 6 miles west of Lymington.

The property occupies an excellent trading position in the centre of New Milton with nearby occupiers including Boots, Superdrug, Bradbeers Department Store, and a range of other multiple and independent retail stores.

One of the town’s principal shopping car parks is situated at the rear of the property with access from Ashley Road and Elm Avenue.

DESCRIPTION
The property comprises a ground floor retail unit together with a cloakroom and two WC’s at the rear. A rear door provides access to a small yard/parking area and loading. The front retail area benefits from a suspended ceiling with recessed lighting and a wooden floor.

The self-contained residential unit is accessed from the rear via an open metal staircase. The accommodation is laid out over two floors and provides living areas together with three bedrooms.

The upper floor accommodation is in need of refurbishment.


ACCOMMODATION
The accommodation with approximate areas and dimensions is as follows:

Ground floor Retail Unit
Net frontage - 18ft 3”
Built depth - 75ft
Net ground floor area 1,083 sq. ft.

Residential Unit
First floor – kitchen, dining area, lounge, bedroom 1, bathroom and
separate WC
Second floor – 2x bedrooms

TENURE
The property is available for sale freehold with vacant possession at a price of offers in excess of £300,000 exclusive.

VAT
We understand that the property is elected for VAT and therefore the sale price will be subject to VAT.

BUSINESS RATES
According to the VOA website the assessment for the shop is stated as £14,500.

According to the VOA website the assessment for the residential unit is council tax Band B.

ENERGY PERFORMANCE
The shop has an Energy Performance Asset rating of C(56).

The residential unit has an Energy Performance Efficiency Rating of D (57).

COSTS
Each party to be responsible for their own legal costs in connection with this transaction.

FINANCE ACT 1989
Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchasers or lessees must satisfy themselves as to the incidence of VAT in respect of any transaction.
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