MULTI LET RETAIL AND RESIDENTIAL INVESTMENT OPPORTUNITY
Summary
- Mixed use retail parade with upper parts anchored by One Stop
- One Stop Stores Limited outstanding rent review dated 12/09/2025
- One Stop Stores reversionary rent anticipated to be £29,500 pax
- Property situated on busy road in seaside town
- Freehold
- WAULT on commercial element 4.53 years
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Unit - 5 Milton Green | 1,490 | 138.43 | Available |
| Unit - 2-4 Christchurch Road | 2,542 | 236.16 | Available |
| Unit - 5 Milton Green - Residential | 710 | 65.96 | Available |
| Unit - 2-4 Christchurch Road - Residential | 1,895 | 176.05 | Available |
| Building - Archive Store | 1,500 | 139.35 | Available |
| Total | 8,137 | 755.95 |
Location
The premises occupies a prominent position fronting the A337 Christchurch Road. This is a busy thoroughfare road between Highcliffe and New Milton. Nearby retailers include Travis Perkins, Greggs and City Plumbing. New Milton mainline railway station and town centre is approximately 1 mile distant from the premises.
Get directions from Google Maps
Mainline Stations
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New Milton13 mins
-
Hinton Admiral42 mins
-
Sway68 mins
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Christchurch102 mins
Underground Station
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Reading1113 mins
-
Twyford1181 mins
-
Maidenhead1297 mins
-
Taplow1323 mins
Further Information
Price £975,000 exc VAT which reflects a NIY of 7.07% assuming purchasers costs at 5.72% and a reversionary yield of 7.5% assuming purchasers costs of 5.72%
Rates Payable Upon Enquiry
Description
The premises comprise an end of terrace two storey property of brick construction under a pitched tiled roof and a detached two storey property of brick construction with a pitched tiled roof and a flat roof over the single storey section. Both properties comprise a retail unit on the ground floor
and residential units to the upper parts. Externally, there is a car park and an archive store which will be sold with vacant possession.
Viewings
Through sole agents via appointment.
Tenure
Freehold - Title no: HP708041 and HP135096
EPC
2-4 Christchurch Road- C
5 Milton Green – D
Flat 1 – D
Flat 5 - D
Flat 3- E
AML
In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the purchaser or tenant and any beneficial
owner together with evidence/ proof identifying the source of funds being relied upon to complete the transaction.
Legal Costs
Each party to be responsible for their own legal costs incurred in the transaction.
VAT
The property has been elected for VAT purposes and the sale is intended to
be treated as a Transfer of a Going Concern (TOGC).
Gallery
