An opportunity to acquire a freehold investment in this New Forest market town, fully let on leases producing rental income of £36,450 per annum
The Grade II Listed premises enjoy a prime, town centre location in the Georgian market town of Lymington, reputed to be one of the premier towns along the south coast, nestling on the southern fringe of the New Forest (National Park status).
40 HIGH STREET Comprising basement, ground floor shop and first floor offices, held by Hoxton Bakehouse with 5 years remaining on their current 10 year lease at the current rental of £29,250 pa. The ground floor shop extends to 430 sq ft Rear store 281 sq ft with a Basement 383 sq ft arrange as three store rooms with cloakroom. Internal staircase gives access to the first floor offices. Office One (front) 259 sq ft windows overlooking the High Street Office Two (rear) 123 sq ft with doors to both office one and landing Office Three 263 sq ft window overlooking the rear. Store room, cloakroom and kitchen facilities.
40A HIGH STREET Second and third floor offices comprising a suite of three offices extending to 640 sq ft, with a kitchen and cloakroom. Access from the rear of the building through the ground floor. Currently leased for a term of 3 years, from April 2024 at a current rental of £7,200 pa.
Car parking facilities: Each property is serviced independently with allocated car parking facilities.
