Non quoting

Retail premises for sale

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Non quoting

Retail premises for sale

West Street, Alresford SO24

2,110 sq. ft

Local area information

Property location

Nearby amenities

  • Perins School 0.2 miles
  • Sun Hill Infant School 0.4 miles
  • Winchester 7 miles
  • Micheldever 7.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Alresford to find out more about the local area.

Features and description

  • Let to Rawlings Opticians on a 10 year lease from November 2024
  • Potential for first and second floor residential conversion, subject to planning
  • Garden, garage and parking
* Grade II Listed Building in prominent trading position
* Current income of £30,000 per annum exclusive with income growth potential
* Letting to Rawlings & Son (Opticians) Ltd (Ground and Basement only)
* Rear vehicular access with rear garden, garage and parking
* Centrally located in the heart of Alresford
* First and second floors vacated with potential for residential conversion

Accommodation
(Net internal areas measured in accordance with RICS Code of Measuring Practice)

Basement 230 sq ft 21.4 sq m Rawlings Opticians
Ground Floor 780 sq ft 72.5 sq m Rawlings Opticians
First Floor 800 sq ft 74.3 sq m Vacant
Second Floor 300 sq ft 27.9 sq m Vacant
Total 2110 sq ft 96.1 sq m

Outside
Rear Garden, Garage and Parking.

Rates
Interested parties are advised to contact the Rating Authority, Winchester City Council.

Lease
The Ground Floor and Basement are let to Messrs. Rawlings & Sons (Opticians) Ltd, a long established, successful optician business. The lease is for a 10 year term from November 2024, at £30,000 per annum exclusive, subject to 5 year rent review and with a tenant option to break at the end of the 6th year.

The First and Second Floors are currently vacant, former offices. Subject to planning, with ability to create self-contained access, there is residential conversion potential.

Note
The tenant business is unaffected by the opportunity to acquire the freehold interest.

Terms
The freehold is available for purchase with price guide on application.

Viewing
Strictly by appointment with Glanfield Holmlund

More information

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  1. Zoopla
  2. Commercial for sale
  3. Hampshire
  4. Alresford
  5. West Street