Under Offer

TypeOffice Investments

SP6 West Wing 'The Old Schoolhouse', Provost Street, Fordingbridge

TenureFor sale

West Wing 'The Old Schoolhouse', Provost Street, Fordingbridge, SP61/3

Specification

Building size
Building size885sqft
Property type
Property typeOffice Investments
Tenure
TenureFor sale

Description

Tenanted Investment Opportunity Let to Hampshire Police

The unit known as the 'West Wing, School House' is let to Hampshire Police on a 25 year lease. This is a newer construction and while it is currently tenanted which provides secure income, if the tenant were to vacate, the property could be converted to residential accommodation (subject to planning) and create an attractive scheme owing to the high vaulted ceilings. This aspect is available to purchase either as a standalone investment (long leasehold) or in combination with the front vacant unit (freehold).

Location

Fordingbridge has undergone considerable expansion with several hundred new homes recently built in close proximity to the town. 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.

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