From
£135,000
Property for saleHigh Street, Alton GU34
About this property
To be offered on Wednesday 21 October
A freehold mid terrace property comprising of commercial unit on the ground floor & flat in the upper floors (sold off on a long lease)
Commercial unit an approx. 1,140 sq ft
Commercial unit is let on a new 7 year lease from July 2026 (no tenant break options)
Upwards only rent review in July 2031
Rent deposit held on account & personal guarantees on the commercial lease
The unit has been fitted out to a high specification
8 week completion available
Investment let at £15,600 p.a. (11.55% giy on guide price)
Auction Sale - 20/10/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A freehold mid terrace property comprising of commercial unit at ground floor and a flat in the upper floors (sold off on a long lease). The commercial unit is let on a new 7 year lease from July 2026.
Investment let at £15,600 p.a.
Description
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A freehold mixed-use investment comprising a ground floor commercial unit extending to approximately 1,140 sq ft, with the upper floors sold off on a long lease.
The commercial unit has been fitted out to a high specification and also has the benefit of rear access and a rear yard.
Prominently located on Alton High Street amongst a mix of national and established local retailers, benefiting from strong town centre footfall.
Location
The property occupies a prominent position on High Street in the centre of Alton, an attractive and affluent Hampshire market town. Alton benefits from a strong mix of national and independent retailers, cafés and restaurants, serving a wide catchment area across East Hampshire and the South Downs National Park. The town is approximately 17 miles south-west of Guildford and 28 miles north-east of Winchester.
Transport
Alton railway station is approximately 0.5 miles away, providing regular South Western Railway services to London Waterloo. The town also benefits from excellent road links via the A31, connecting to Guildford, Winchester and the wider motorway network.
Tenancy
34A High Street
- Let to Fat Pizza Ltd (Trading as Fat pizza)
- Let on a 7 year lease from July 2026 (No tenant break options)
- Upwards only open market rent review in July 2031
- Rent deposit of £9,360 held on account
- Personal guarantees provided for the lease
- Investment let at £15,600 p.a.
Accommodation
Please refer to the floor plan.
Commercial unit an approx. 1,140 sq ft
Mortgage calculator
£675 per month
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