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The Inn On The Furlong 12 Meeting House Ln 4,184 SF Retail Building Ringwood BH24 1EY $1,648,535 CAD ($394.01 CAD/SF) 8.72% Cap Rate
Investment Highlights
- A period property comprising a public house and outside terraces.
- Good level of footfall being in a predominantly retail location.
- Located in Ringwood, Southwest Hampshire, a stone’s throw from the picturesque New Forest and in earshot of the river Avon.
Executive Summary
We are instructed to seek offers in excess of £885,000 (Eight hundred and eighty five thousand pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 8.72%
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
4,184 SF
Building Class
B
Year Built
1890
Price
$1,648,535 CAD
Price Per SF
$394.01 CAD
Cap Rate
8.72%
NOI
$143,752 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.10 AC
Frontage
41’ on Meeting House Lane
Amenities
- 24 Hour Access
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
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Photos
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Street
Map
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The Inn On The Furlong | 12 Meeting House Ln
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