Potential residential development opportunity to the rear of the car park to include two townhouses (subject to lease and consents)
Historic and prosperous market town
VAT free Investment
Nearby retailers include Waitrose, Sainsbury's, Prezzo, Domino's, Boots the Chemist, Superdrug and Clarks
Lot 43
Auction 30th October 2025
Rent £45,000 per Annum Exclusive
Status Sold
Price £425,000
Sector Bank
Auction Venue Live Streamed Auction
On Behalf of Trustees
Property Information
Location
Miles
11 miles north-east of Bournemouth, 18 miles west of Southampton
Roads
A31, A338, M27, M271
Air
Bournemouth Airport
Situation
Ringwood is a historic market town located 11 miles northeast of Bournemouth on the periphery of the New Forest National Park. The property is located in a central location on High Street, at its junction with Kings Arms Lane. Nearby retailers include Waitrose, Sainsbury's, Prezzo, Domino's, Boots the Chemist, Superdrug and Clarks.
Tenure
Freehold.
Location
Miles
11 miles north-east of Bournemouth, 18 miles west of Southampton
Roads
A31, A338, M27, M271
Air
Bournemouth Airport
Situation
Ringwood is a historic market town located 11 miles northeast of Bournemouth on the periphery of the New Forest National Park. The property is located in a central location on High Street, at its junction with Kings Arms Lane. Nearby retailers include Waitrose, Sainsbury's, Prezzo, Domino's, Boots the Chemist, Superdrug and Clarks.
Tenure
Freehold.
Description
The property comprises a banking hall and ancillary accommodation arranged on the ground and first floors. The property also benefits from up to 10 car parking spaces to the rear.
VAT
VAT is not applicable to this lot.
EPC
Band D
Description
The property comprises a banking hall and ancillary accommodation arranged on the ground and first floors. The property also benefits from up to 10 car parking spaces to the rear.
VAT
VAT is not applicable to this lot.
EPC
Band D
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Ground First (10 car parking spaces)
Banking Hall Offices/Ancillary
197.42 185.81
(2,125) (2,000)
LLOYDS BANK PLC (t/a Lloyds Bank) (1)
5 years from 23/03/2023
£45,000
Total
383.23
(4,125)
(1) For the year ending 31st December 2024, Lloyds Bank plc reported a turnover of £34,343,000,000, pre-tax profit of £4,688,000,000 and a net worth of £33,014,000,000 (www.northrow.com).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
