High street retail property for sale
Bank House, High Street, Hartley Wintney, RG27 8NZ
£647.72 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,073 sq ft
100 sq m
- SECTOR
High street retail property for sale
Key features
- Prominent, central location in High St, Hartley Wintney
- Refurbished Class E / retail units currently leased on 15 year leases
- Character building
- Public car park immediately at rear, with on street parking at front
- Investment opportunity
Description
The building has been recently extensively modernised and converted, resultant in the leasing of both units to a deli / coffee bar, and is now currently fitted out and trading.
The main public car park lies immediately to the rear of the building, and there is free, time-restricted car parking along High Street.
Units A & B are held under 2 new lease to Valentino's Salumeria Ltd for a term of 15 years. Unit A is leased at £23,000 per annum rising to £25,000 per annum from June 2026 and Unit B is leased at £23,500 per annum. Both leases include 5 yearly rent reviews, and a tenant break clause after 5 years.
Total rental income £48,500 per annum.
For sale by way of new 125 year ground lease. Offers invited in the region of £695,000 (plus VAT).
Each party to meet its own legal costs incurred in the transaction.
To be confirmed.
Bank House, High Street, Hartley Wintney, RG27 8NZ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Winchfield Station1.5 miles
- Hook Station3.2 miles
- Fleet Station3.2 miles
About Hollis Hockley, Basingstoke
4 Elmwood, Crockford Lane, Chineham Business Park, Chineham, Basingstoke, RG24 8WGNotes
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