Wey River House, 24-28 High Street, Alton, GU34 1BN

For sale £1,295,000 7,757 sq ft
7 days ago. London Clancy
Full address
Wey River House, 24-28 High Street, Alton, GU34 1BN - Alton
Contact details
Asking price
£1,295,000
Property type
Shop, retail unit for sale
Sub type
Retail property (high street)
Features
Cafe, Car park, Coffee shop, Courtyard, Furnished, Lift, Refurbished, Restaurant, Telephone system, Train transport
Size
7,757 sq ft
Tenure
Freehold
NIY (%)
8.18

• Opportunity to redevelop and add value to the ancillary accommodation, subject to planning and prior agreement.
• Mixed residential and commercial ground rental investment/income.
• Substantial town centre high street development with parking/rear servicing.
• 28 High Street let to Peacocks Stores Ltd, part of Edinburgh Woollen Mill Group (expiring 3 December 2023) December 2017 break clause not exercised.
• Modernised/refurbished building
• Current total rental income stream of £104,501 pax, rising to £106,501 pax 15 June 2020.
Substantial High Street Retail Investment let to Peacocks Stores Ltd and Resurrection Trading with residential/commercial ground rental income The property comprises a four storey mixed retail and residential development located on the High Street. The building underwent a complete modernisation and refurbishment when the present owners developed the first and second floor offices into 14 one and two bedroom apartments completed in 2015 and by adding another storey.
Substantial High Street Retail Investment let to Peacocks Stores Ltd and Resurrection Trading with residential/commercial ground rental income The property comprises a four storey mixed retail and residential development located on the High Street. The building underwent a complete modernisation and refurbishment when the present owners developed the first and second floor offices into 14 one and two bedroom apartments completed in 2015 and by adding another storey.

This shop, retail unit for sale is located in Alton

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National rail 0.6m Alton
Nearest airport 34.7m Southampton

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