Investment.

Bournemouth.

Turbary Retail ParkRingwood Road

Map View

Status.

Sold on 17/06/2025

Price.

£28,500,000 (Subject to Contract and Exclusive VAT)

Service Charge.

There is a service charge in place at the property. The most recent budget amounts to £0.40 per sq ft. There are no current landlord shortfalls.

Location.

The site is prominently located fronting theA438 Ringwood Road, approximately 2 miles (3km) north-west of Bournemouth town centre and 5miles (8km) north-east of Poole.

Description.

The scheme extends to 167,246 sq ft (15,537.8sq m) and comprises five well configured, retail warehousing units fronting Ringwood Road. Wickes, Matalan and Pavers form a semi detached terrace to the western end of the site while Dunelm and The Range occupy a former B&Q superstore, to the east. The units are supported by 737 car parking spaces (1:226 sq ft) with servicing to the rear. The property was constructed in 1994 and has been modernised over time.

Rent.

£2,126,319.00 per annum exclusive

Tenure.

Freehold

Yield.

A net initial yield of 7.00%

Share.

All viewings are strictly by prior appointment.

David Freeman.

Partner | Investment

Jonny Gooch.

Associate Partner | Investment

Ed Smith.

Partner | Investment

Contact.

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson