TOWN CENTRE INVESTMENT FOR SALE (Occupier Business not Affected), Ground Floor Business Premises with s/c Flat Above
Overview
| ID: | #4771 |
|---|---|
| Type: | Business Premises |
| Contract: | Freehold |
| Location: | Alton |
TOWN CENTRE INVESTMENT FOR SALE
(Occupier Business not Affected)
Ground Floor Business Premises with s/c Flat Above
78a High Street, Alton, Hampshire, GU34 1EN
- Let to Warren Powell Richards Ltd (Estate Agents)
- 10 Year Lease from 21 March 2021
- £22,500 per annum exclusive rent, 5 yearly rent review
- EPC – B Rated (42)
- Outside Security of Tenure Provisions of the Landlord and Tenant Act
- Adjacent to Private and Public Parking
- Within 1/2 mile of mainline train station (London Waterloo)
Accommodation
(Measured in accordance with RICS Code of Measuring Practice)
| GROUND FLOOR | Frontage | 11 ft 6 in | 3.5 m |
| Internal Width | 15 ft 1 in | 4.6 m | |
| Built Depth | 59 ft | 18 m | |
| Total Net Internal Area | 687 sq ft | 63.8 sq ft | |
| FIRST FLOOR | Self-Contained Flat |
Rates
Interested parties are advised to contact East Hampshire District Council.
EPC
An Energy Performance Certificate has been undertaken and is available on request. The rating is B (46) on a scale from A to G.
Lease
The whole premises are let to Messrs Warren Powell Richards Ltd on the basis of a 10 year lease from 21 March 2021, due to run to 2031. The current rent is £22,500 per annum exclusive, subject to 5 yearly rent review. There is a tenant option to break, subject to 6 months prior written notice at March 2026.
There is permission for the tenant to let the s/c flat separately, on the basis of an Assured Shorthold Tenancy.
Note
The tenant business is not affected.
Terms
The freehold investment is available with a guide price of £300,000
Viewing
Strictly by appointment with Glanfield Holmlund, Tel: 01420 544117, Mob: 07785 346709, Email: glanfield.holmlund@talk21.com
