Raymond Brown Ltd have sold a 0.619 acre development site with frontage to the busy Christchurch Road in Ringwood. The quoting price was £495,000 plus VAT and it is proposed that the purchaser, Pinta Properties, will speculatively build 11 very high quality industrial/warehouse premises and which will offer between 887 and 2,899 sq ft. The majority of the units will be 1,006 sq ft with a quoting price of £150,900 plus VAT.
Chris Wilson, Director Goadsby commented “There is currently a severe shortage of small freeholds and we are confident that there will be strong demand for the proposed units from both owner occupiers and investors due to the prominence of the site and the popularity of Ringwood which is so close to the A31.”
Grant Foreman and Andy Green of Pinta Properties commented “We are delighted to have secured this excellent opportunity and look forward to building upon Ringwood’s excellent reputation as a leading employment hub”
