Lloyds Bank 25 High Street Ringwood Hampshire BH24 1BD

  • Lloyds Bank<br>25 High Street<br>Ringwood<br>Hampshire<br>BH24 1BD

Lloyds Bank
25 High Street
Ringwood
Hampshire
BH24 1BD

Freehold Bank Investment

  • Entirely let to Lloyds Bank Plc
  • Lease extended in March 2023 at the same rent
  • March 2026 tenant break option not exercised
  • Includes car park at rear for up to 10 cars
  • 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
    Available
  • Guide*
    £450,000
  • Auction Venue
    Live Streamed Auction
  • On Behalf of Trustees
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Freehold Bank Investment

  • Entirely let to Lloyds Bank Plc
  • Lease extended in March 2023 at the same rent
  • March 2026 tenant break option not exercised
  • Includes car park at rear for up to 10 cars
  • 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 Available
  • Guide* £450,000
  • 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.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Anjali SawaliAnjali Sawali +44 (0)20 7034 4854 +44 (0)7854 316 621anjali.sawali@acuitus.co.uk
Seller's Solicitors
Druces LLP 99 Gresham Street
London
EC2V 7NG
Jo Wooller +44 20 7216 5599j.wooller@druces.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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