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The Inn On The Furlong 12 Meeting House Ln 4,184 SF Retail Building Ringwood BH24 1EY $1,646,022 CAD ($393.41 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
$1,646,022 CAD
Price Per SF
$393.41 CAD
Cap Rate
8.72%
NOI
$143,533 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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The Inn On The Furlong | 12 Meeting House Ln
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