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Southampton Road, Ringwood, BH24

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

2

SIZE

1,938 sq ft

180 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Freehold Property
  • Town Centre Location
  • 1,936 sqft Combined Accomodation
  • Residential Rent £9,300 pa with potential for increase

Description

An opportunity to acquire a prime freehold opportunity in Ringwood Town Centre, comprising ground-floor commercial premises and a spacious two-bedroom mezzanine flat above, extending to approximately 1,936 sq ft in total.

The ground-floor unit extends to approximately 914 sq ft, featuring a large open frontage, rear storeroom, WC and amenity area. Roller shutters provide additional security. Currently owner-occupied, the premises offer flexibility for an incoming purchaser.

The property has a stated rateable value of £11,250, with potential eligibility for Small Business Rate Relief, subject to the relevant conditions.

The spacious two-bedroom mezzanine flat extends to approximately 1,022 sq ft and benefits from its own private entrance. Currently let at £775 per calendar month (£9,300 per annum), it provides an established residential income. The flat also has potential to enhance the accommodation through refurbishment and improve future rental returns.

Situated on Southampton Road in Ringwood, the property benefits from an established commercial setting, convenient access to town-centre amenities and road links via the A31 and A338.

Please contact Brightwater Commercial as sole agents to arrange a viewing or further information.

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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Southampton Road, Ringwood, BH24

Approximate location

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Affordability

Monthly repayments£2,477
Property: £ 500,000
Deposit: £ 50,000
Interest rate: 5.22%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About BrightWater, Ringwood

2 High Street Ringwood, Hampshire BH24 1AF
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BrightWater is an independent, family run property agency with a passion for property.

BrightWater specialises in both residential and commercial properties including lettings, sales, buy to let and property management.

Our business is built on energy, agility, professionalism and knowledge, with a commitment to remaining at the heart of our community.

BrightWater provides dedicated staff within each department who are experts within their field. We believe the secret to success is a blend of outstanding old-fashioned customer service, incorporating cutting edge technology alongside access to high quality legal advice. This allows us to provide the highest standard in the most effective and efficient timescale. Your expectations are our standard. We know it makes a difference to have professional people on your side, we are passionate about what we do and it shows.

Experts in marketing properties with high-quality brochures, marketing, photography (including drone) and video tours.

Dedicated staff that will assist you if you are looking to enter the world of Buy-To-Let.

We strongly believe in giving honest advice and a fair free, no obligation valuation.

Strong presence on Social Media with our own YouTube channel.

In house Property Management and Accounts team.

We are available 7 days a week.

Whether you have a large country house, family home, or a flat, our experienced sales and lettings team will guide you through the process. Give you up to date advice on current legislation ensuring that you remain compliant during your journey with us. With a reputation for knowledge, integrity and forward-thinking, BrightWater has been providing professional property services since 1962.

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Disclaimer - Property reference 785ede59-c49d-4fee-9ba7-2011e5054de8. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BrightWater, Ringwood. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.