66-66C High St 1,153 SF 100% Leased Retail Building Andover SP10 1NG £249,950 (£216.78/SF)
INVESTMENT HIGHLIGHTS
- Commercial to Residential Investment Opportunity with Planning
- Combined Rental Income: £27,336 per annum
- Andover has good road links to London, The M25 and Heathrow & gatwick airports
EXECUTIVE SUMMARY
Prime, two-storey grade 2 listed premises with ground floor retail and first floor offices, presently both let to separate businesses. Planning permission is in place to convert the upper floor into a self-contained 1 bedroom flat with the benefit of beautifully exposed original wood beams and separate access already in place.
Combined Rental Income: £27,336 per annum
Approx Residential value of flat once converted: £150,000 - £160,000
Combined Rental Income: £27,336 per annum
Approx Residential value of flat once converted: £150,000 - £160,000
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Unit Conversion
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
1,153 SF
Building Class
B
Year Built
1935
Price
£249,950
Price Per SF
£216.78
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Frontage
14 ft on High Street
AMENITIES
- Security System
- Storage Space
- Smoke Detector
1 of 1
NEARBY MAJOR RETAILERS
