Acting on behalf of Ankers & Rawlings Developments Ltd, Goadsby have acquired the mixed use investment, Fridays Court, High Street, Ringwood.
The development is situated at the end of the high street and comprises of approximately 9,000 sq ft of retail, A2 and office accommodation with a 41 space car-park. The total rental when purchased was approximately £105,000 per annum.
James Edwards of Goadsby commented “The developments provides our client with a variety of asset management options now and in the future.” James continued “We are also pleased with occupier demand for the vacant space as we have already a letting on one of the units which will increase the passing rental by £20,000 per annum.”
Carr & Neave acted on behalf of the vendor.