Retail premises for sale in Normandy Street, Alton GU34

* 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