TOWN CENTRE RETAIL INVESTMENT - FREEHOLD FOR SALE

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Overview

ID: #1824
Type: Investment
Contract: Freehold
Location: Alton
Area: 825sq ft

TOWN CENTRE RETAIL INVESTMENT

FREEHOLD FOR SALE

53 High Street, Alton, Hampshire, GU34 1AB

  • Prime, corner location within conservation area
  • Upper floors sold off for residential flats
  • Ground floor and basement let to independent retailer
  • Close proximity to various multiples – Boots, Greggs, Mountain Warehouse
  • Immediately adjacent to weekly Street Market
  • Current rental income of £25,000 per annum, exclusive

Accommodation

(approximate net internal areas)
Ground Floor Frontage 21 ft 6 in  6.58 m
Return Frontage 47 ft 0 in 14.33 m
Internal Width (average) 21 ft 0 in  6.50 m
Shop Depth 28 ft 1 in 8.79 m
 Sales Area 600 sq ft 55.74 sq m
 Rear Office 152 sq ft 14.12 sq m
 Storeroom  73 sq ft  6.73 sq m
 WC
 Total Ground Floor  825 sq ft 76.64 sq m
 Basement  (not formally inspected) 500 sq ft 46.45 sq m

 

Rates

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

EPC

An Energy Performance Certificate (EPC) has been undertaken and is available for this property on request.  On the Rating Scale of A to G the Rating is D (82).

Lease

The accommodation is let to SonnyGyms Ltd t/a Unique Chic; gifts, decorations including stockist for Annie Sloane paint.  the lease is a 5 year term from 12 February 2015, at a current rent of £25,000 per annum exclusive.

Terms

The freehold interest is available with price guide on application.

Viewing

Strictly by appointment through Sole Agents:

Glanfield Holmlund, Telephone 01420 544117 or email: glanfield.holmlund@talk21.com

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.