FREEHOLD FOR SALE (current business unaffected) Prominent Retail Premises with Self-Contained Residential Flat

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Overview

ID: #2129
Type: Retail
Contract: Freehold
Location: Alton
Area: 597sq ft

FREEHOLD FOR SALE (current business unaffected)

Prominent Retail Premises with Self-Contained Residential Flat

112 High Street, Alton, Hampshire, GU34 1EN

 

  •  Grade II Listed Building
  •  Ground floor retail premises – currently let to 1st Gear Cycles
  •  Prominent corner site constantly exposed to vehicular traffic
  •  Private courtyard area accessing self-contained residential accommodation
  •  Rear garden – let with residential accommodation
  •  Easy access to main A31, approximately 1 mile from mainline railway station (London Waterloo 1 hour)
  •  Potential interest to investors or owner occupier

Accommodation

Ground Floor – Retail High Street frontage 13 ft 9 in 4.2 m
Return frontage 10 ft 6 in 3.2 m
Shop depth (max) 34 ft 10.4 m
Sales area (incl. portioned office) 422 sq ft 39.2 sq m
Storage/Office 100 sq ft 9.3 sq m
Cellar 75 sq ft 7.0 sq m
597 sq ft 55.5 sq m

First Floor – Residentail

Three bedroom residential accommodation with ground floor rooms overlooking garden.

Outside – Let to Shop

New brick built store 150 sq ft (13.9 sq m)

Rates

Interested parties are advised to make their own enquiries of the Rating Authority East Hampshire District Council (01730 266551).

Note

The ground floor retail unit is currently let to 1st Gear Cycles at £13,000 per annum exclusive on the basis of holding over a Law Society Business Lease.

The residential parts are let on an Assured Shorthold Tenancy producing a net rent of circa £750 per calendar month.

Terms

The freehold is offered for sale, either subject to the above leases or with vacant possession on completion.  Guide price on application.

 

Viewing

Strictly by appointment through Sole Agents: –  Glanfield Holmlund, email: glanfield.holmlund@talk21.com  Tel: 01420 544117

Map

Map available on request
Misrepresentation act 1967: Whilst all the information in these particulars is believed to be correct neither the agents nor their clients guarantee its accuracy nor is it intended to form part of any contract. The areas quoted are approximate.
Finance act 1989: Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchasers or lesees must satisfy themselves as to the incidence of VAT in respect to any transaction.