The Old Schoolhouse, Provost Street, Fordingbridge, SP6 1AY

£120,000 for the leasehold / £9,000 per annum

Overview

Office
Property Type

Description

Location

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, café, 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.

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.

Summary

Key points

Vacant Class 'E' Unit 736 Sq. Ft. (68.4 Sq. M.)
Available for For Sale or To Let
2 Car Parking Spaces
Offers Invited in the Region of £120,000 with Vacant Possession for a New 999 Year Long Leasehold
Available by way of a new lease at a rental of £9,000 per annum, exclusive