Retail premises for sale in Normandy Street, Alton GU34
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
* 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
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Glanfield Holmlund, GU34 on +44 1420 258813 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Glanfield Holmlund, and do not constitute property particulars. Please contact Glanfield Holmlund for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.