Deepslade House/Corner House/Old Bakehouse Ringwood Rd 3,454 SF 100% Leased Retail Building Christchurch BH23 8AA $849,303 ($245.89/SF) 8% Cap Rate

Offers considered in the region of £630,000 subject to contract for the freehold interest subject to subsisting tenancies. A purchase at this level will show an attractive net initial yield of 8% after allowance for buyer’s costs at 5.133%.
Bransgore is a village located on the western edge of the New Forest National Park in Hampshire, offering a prime setting for mixed-use commercial investment. Positioned between the coastal towns of Christchurch and Bournemouth, and the market town of Ringwood, Bransgore enjoys a strategic location with a blend of rural charm and strong regional connectivity.
Excellent road connections via the nearby A35 and A31 provide swift access to Bournemouth, Southampton, and the wider South Coast. Christchurch railway station is approximately 5 miles away, offering direct services to London Waterloo.
The property comprises a terrace of three buildings, all fully let on six tenancies. The properties are
mainly two storeys of traditional construction with pitched slate & tiled roofs.
Deepslade House provides a ground floor retail unit, with a separate self-contained entrance to first floor offices.
The Corner House comprises an estate agent on part ground floor, with the Post Office, plus a self contained entrance to first floor offices let mainly to a care company.
The Old Bakehouse is a self-contained two storey building let as a clinic.
There is a car park at the rear, accessed via Betsy Lane.
There is scope for residential use on the upper parts subject to all necessary consents and possession.