3-11 Embankment Way 1,690 SF Industrial Condo Units Offered at $503,998 Per Unit in Ringwood BH24 1EU

INVESTMENT HIGHLIGHTS

  • 3 allocated car parking spaces per unit
  • Steel clad insulated mono pitched roof incorporating 10% daylight panels
  • Double glazed windows at ground and first floor in front elevation

EXECUTIVE SUMMARY

The development is located approximately 0.5 miles to the south-east of Ringwood Town Centre. Embankment Way is accessed from Castleman Way, which connects with the B3347 Christchurch Road leading to the main A31 and A338. The A31 dual carriageway connects with the M27 / M3 motorway network and the A338 leads to Salisbury. Other occupiers in the area include McCarthy and Stone, Elliotts builders merchants, Lidl, Premier Inn, Bellway Homes and Anytime Fitness.

PROPERTY FACTS Sale Pending

Total Building Size 8,386 SF
Property Type Industrial
Property Subtype Warehouse
Building Class B
Floors 2
Typical Floor Size 4,193 SF
Year Built 2024
Lot Size 12.21 AC

UTILITIES

  • Gas
  • Water
  • Sewer

2 UNITS AVAILABLE

Unit Unit 5

Unit Size 1,690 SF
Price $503,998
Price Per SF $298.22
Condo Use Industrial
Sale Type Owner User
Tenure Long Leasehold
DESCRIPTION

We understand the units have planning consent for former B1
light industrial, B2 and B8.
In accordance with our normal practice we advise all interested
parties to make their own enquiries through the Planning
Department of New Forest District Council with regard to their
own proposed use.

SALE NOTES

The units are available for sale with vacant possession by way of
a 999 year lease subject to a peppercorn rent.

Unit Unit 7

Unit Size 1,690 SF
Price $503,998
Price Per SF $298.22
Condo Use Industrial
Sale Type Owner User
Tenure Long Leasehold
DESCRIPTION

We understand the units have planning consent for former B1
light industrial, B2 and B8.
In accordance with our normal practice we advise all interested
parties to make their own enquiries through the Planning
Department of New Forest District Council with regard to their
own proposed use.

SALE NOTES

The units are available for sale with vacant possession by way of
a 999 year lease subject to a peppercorn rent.

  • Listing ID: 28495003

  • Date on Market: 5/16/2023

  • Last Updated:

  • Address: 3-11 Embankment Way, Ringwood BH24 1EU