High Street, Andover, SP10
- PROPERTY TYPE
Shop
- BEDROOMS
1
- SIZE
Ask agent
Description
*** Commercial to Residential Investment Opportunity with Planning ***
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
SERVICES
Mains electricity, water and sewerage.
ACCOMMODATION
Ground Floor Retail 600 sq ft (total)
First Floor Retail 559 sq ft (total)
TOTAL: 1159 sq ft (total)
ENERGY PERFORMANCE CERTIFICATE
Ground: C55
First: E101
Both valid until 26 06 2028
RATING ASSESSMENT
Rateable Value from 01/04/2023
Ground: £10,500
First: £7,200
Planning
All information relating to the planning of the first floor planning approval for residential conversion can be found on the Test Valley Planning Portal using the following: 19/01100/FULLN
BID [BUSINESS IMPROVEMENT DISTRICT]
The premises are within a BID and are subject to a charge of 2% of the Rateable Value per year if the Rateable Value of the individual address is £10,000 or more.
TERMS
FOR SALE FREEHOLD
ABOUT ANDOVER
The Andover area is predicted to have a population in the region of 50,000 people (by 2020) and is scheduled to grow further over the next few years.
The town has become the home of the new administrative headquarters of the British Armys Land Forces and the Co-operative Groups new 43,484 m2 [467,891 ft2] distribution depot.
Many well known Companies are located in the Andover area including Agricultural Mortgage Corporation, Britax-Excelsior, Simplyhealth, Lloyds Banking Group, Londis, Office Depot, Petty Wood, Stannah Lifts and Twinings to name but a few.
There are good road links to: London, the M25 and Heathrow & Gatwick Airports by the A303 dual-carriageway and M3; the West Country again by the A303; the major South Coast Ports of Southampton and Portsmouth by the A34/M3; and, the Midlands and the North by the A34/M40.
Andover also has a mainline railway station on the London, Waterloo - Exeter line. London Waterloo in less than 1 hour
High Street, Andover, SP10
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Andover Station0.6 miles
About Belvoir, Andover
18 Bridge Street Andover SP10 1BHAs Andover estate agents, we are well placed in the area to provide you with a property marketing package to suit you. So if you are looking to sell your home or your investment property, Belvoir will advertise your property in more places than any other agent in Andover!
Here at Belvoir we are able to offer you 3 very different types of property selling options. We believe they are tailored specifically to the 3 main motivators for when people bring their property to the market. These are: speed, cost of marketing and maximum return.
Our town centre office is the only estate agent in Andover to be on the main road through the town. As a result, we get the lion's share of footfall thanks to this. For your convenience, there is a bus stop right outside our front door making it easy to get to us. Arriving by car? No problem, you can pop in and see us via a short stay loading bay just outside. Need longer? There is a longer stay car park behind Wilkinsons which is a 30 seconds walk away from our office.
Notes
Disclaimer - Property reference P2091. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Belvoir, Andover. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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