2-4 Ringwood Road Verwood near Ringwood Dorset BH31 7AQ

2-4 Ringwood Road
Verwood near Ringwood
Dorset
BH31 7AQ

Freehold Retail and Residential Investment

Let to Tesco Stores Limited until July 2032 (no breaks)
Affluent Bournemouth and Poole suburb
Well configured convenience store with customer parking
Site area of Approx. 0.10 Hectares (0.24 Acres)
Low site coverage of 21%
Nearby occupiers include Boots, Costa Coffee, Co-op Food and Lloyds Pharmacy.

Lot
1
Auction
16th July 2026
Rent
£33,000 per Annum Exclusive
Status
Sold
Price
£540,000
Auction Venue
Live Streamed Auction

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Freehold Retail and Residential Investment

Let to Tesco Stores Limited until July 2032 (no breaks)
Affluent Bournemouth and Poole suburb
Well configured convenience store with customer parking
Site area of Approx. 0.10 Hectares (0.24 Acres)
Low site coverage of 21%
Nearby occupiers include Boots, Costa Coffee, Co-op Food and Lloyds Pharmacy.

Lot 1
Auction 16th July 2026
Rent £33,000 per Annum Exclusive
Status Sold
Price £540,000
Sector
Convenience Store
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 12 miles north of Bournemouth, 18 miles south-west of Southampton, 95 miles south-west of London
Roads: A31, A338, M27
Rail: Bournemouth Railway Station, Christchurch Railway Station
Air: Bournemouth Airport, Southampton Airport

Situation

Verwood is an affluent and attractive suburb of Bournemouth and Poole. The property is situated in a prominent position on Ringwood Road, directly opposite the popular Verwood Memorial Playground. Nearby occupiers include Boots, Costa Coffee, Co-op Food and Lloyds Pharmacy.

Tenure

Freehold.

Location

Miles: 12 miles north of Bournemouth, 18 miles south-west of Southampton, 95 miles south-west of London
Roads: A31, A338, M27
Rail: Bournemouth Railway Station, Christchurch Railway Station
Air: Bournemouth Airport, Southampton Airport

Situation

Tenure

Freehold.

Description

The property, a substantial mixed use modern building comprising a self contained convenience store on the ground floor and 5 self-contained residential flats on the first floor.

The property benefits from a site area of 0.10 Hectares (0.24 Acres) accommodation and a car park.

VAT

VAT is applicable to this lot.

EPC

Retail Unit: Band B.

Description

VAT

VAT is applicable to this lot.

EPC

Retail Unit: Band B.

Tenancy & Accommodation

Floor	Use	Floor Areas sq m	Floor Areas sq ft	Tenant	Term	Rent p.a.x.	Rent Review (Reversion)
Ground	Convenience Store/Ancillary	202.70 (1)	(2,181)	TESCO STORES LIMITED (CRN 00519500) (2)	15 years from 16/07/2017	£32,000	16/07/2027 (15/07/2032)
First	Flat 1	-	-	INDIVIDUAL	99 years from 07/07/2017	£200	07/07/2042 (06/07/2116)
First	Flat 2	-	-	INDIVIDUAL	99 years from 12/08/1992	£200	12/08/2042 (11/08/2091)
First	Flat 3	-	-	INDIVIDUAL	99 years from 12/08/1992	£200	12/08/2042 (11/08/2091)
First	Flat 4	-	-	INDIVIDUAL	155 years from 12/08/1992	£200	12/08/2042 (11/08/2147)
First	Flat 5	-	-	INDIVIDUAL	99 years from 12/08/1992	£200	12/08/2042 (11/08/2091)
Total Approximate Commercial Floor Area		202.70	(2,181)			£33,000

(1) The floor areas stated above are those published by the Valuation Office Agency/HMRC (www.voa.gov.uk).
(2) For the year ending 22 February 2025, Tesco Stores Limited (CRN 00519500) reported Revenue of £50,837,000,000, Pre-Tax Profits of £1,660,000,000 and Net Assets of £5,126,000,000. (Source: Directors' report and financial statements as published at Companies House 23/06/2026).

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.