Commercial Property for sale

High Street *** FREEHOLD INVESTMENT OPPORTUNITY ***

Guide Price £900,000

Property Description

Full description

Belvoir Commercial have been instructed to sell another substantial residential & commercial mix property on the High Street here in Andover. The upper floors have recently been converted into 4 residential flats. The freehold sale of the property consists of as follows: 2 x 2 Bedroom Flats 2 x 1 Bedroom Flats 1085 sq ft Commercial Retail unit The location of the property sits in what is considered the 'sweet spot' of the high street and is presently let to the premium greetings card retailer 'House of Cards' on a 15 year lease. The property shares its location with big brands such as hsbc, Lloyds, tsb, Santander, Boots, Dorothy Perkins, Costa & Burton etc. The entrance to the flats on the first and second floor are accessed via a communal residential side access from the side of the building. The flats are all presently rented on AST agreements via this office. Rental Valuation: Commercial: Presently paying £28,500k pa + vat 1 beds: £595pcm1 Bed: £625pcm2 beds: £650pcm x 2 Total annual residential lettings income: £30,240Total Annual Income: £58,740pa Yield: Approx 6.69% If you would be interested in this property, please contact this office for more information


More information from this agent

Nearest station

  • Andover (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Belvoir, Andover Sales

18 Bridge Street Andover SP10 1BH

01264 570002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Andover (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Belvoir, Andover Sales

18 Bridge Street Andover SP10 1BH

01264 570002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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