Retail premises for sale in Fleet Road, Fleet GU51

POA
Retail premises for sale 1,119 sq. ft*
Interested in this property? Call +44 1252 943701 * or Request Details

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Property description

Key Points

  • Ground floor let to The Chancellors Group of Estate Agents Limited
  • Edge of prime location
  • 10 year lease from 8th December 2020 with tenant break in December 2025
  • Annual Rent £28,000 exclusive
  • 5th year upward only rent review
  • Ground rent from residential upper parts.
  • Description

    The building consists of a ground floor retail unit and two floors of residential incorporating 4 flats sold off on long leases. The new owner will benefit from the ground rents from these residential upper parts.

    The whole ground floor retail unit along with two parking spaces is leased to an established firm of estate agents. The unit was let in shell and core condition with screed floor and fitted shop front. It is to be fitted out internally to a high standard by the new lessee. Further information available through the sole selling agent.

    Viewings

    Strictly through appointment only via the sole selling agent Hurst Warne.

    Location

    The premises are located in an edge of prime town centre retail position close to Sainsbury's. The Church Road car park is within 100 yards to the rear of the property and the western entrance to the Hart Shopping Centre is also close by. Both the Hart Shopping Centre and Fleet Road are populated by major national retail chains such as wh Smith, Marks and Spencer Food, Boots, Argos and Waitrose, attracting shoppers to the area.

    Fleet is situated in Hampshire, 35 miles South West of London. Fleet rail station offers direct services to London Waterloo. Fleet is located less than 3 miles from junction 4a of the M3.

    Terms

    For freehold sale.

    A copy of the shop lease, residential ground lease and further details through the sole selling agent Hurst Warne .

    Specifications

    Ground floor let to Chancellors Group of Estate Agents Limited
    Edge of prime location
    10 year inside the act Lease from 8th December 2020.
    Annual rent of £28,000 exclusive
    5th year upward only rent review
    Ground rent from residential uppers

    VAT

    We have been advised by the vendor that the property is not elected for VAT

    Tenant Details

    The Chancellors Group of Estate Agents (company Reg. No: 02345397) is one of the UK's leading independent Estate Agents with 55 networked offices in southern England and Mid Wales.

    The Chancellors Group of Estate Agents has an Experian Credit score of "Very Low Risk".

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    Hurst Warne & Partners, GU14 on +44 1252 943701 * (local rate)

    Contact Hurst Warne & Partners about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hurst Warne & Partners, and do not constitute property particulars. Please contact Hurst Warne & Partners 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.

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