34D & 34E High Street, Alton, Hampshire, GU34 1BD
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- Let to The Southern Co-operative Limited (convenience store operator)
- Term certain to December 2031 with no tenant break options.
- 10 year FR&I lease from 2021
- Double fronted convenience store
- Two self-contained three-bedroom maisonettes arranged over first and second floors.
- Ground floor shop an approx. 3,260 sq ft , Flat 32E an approx. 984 sq ft & Flat 32D an approx. 965 sq ft (Total = 5,209 sq ft)
- Prominent town centre position and established trading location with nearby national occupiers including Boots, Costa, NatWest and Domino’s
- Asset management and break-up potential (subject to consents)
- 8 week completion available
- Investment let a £75,000 p.a. (10% GIY on guide)
Description
StrapLine
Auction Sale - 21/04/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteSecure Co-operative Convenience Store Investment with Two Residential Maisonettes
Investment let at £75,000 per annum – Term Certain to December 2031 (No Breaks)
Description
Click here for virtual tour Flat 32D
Click here for virtual tour Flat 32E
A prominent town centre mixed-use freehold investment comprising a double fronted convenience store let to The Southern Co-operative Limited together with two self-contained three-bedroom maisonettes arranged over the first and second floors.
The property is fully let on co-terminus leases with an overriding lease structure across the entire building, producing a total income of £75,000 per annum. The lease is for a term of 10 years from 2021 expiring December 2031, with no tenant break options.
The commercial unit benefits from both front and rear access, whilst the residential accommodation can also be accessed from the front (street access) and rear.
The configuration of the property offers future asset management potential, including the ability to separate the residential accommodation and enhance income (subject to necessary consents).
Location
The property is located on the North side of the High Street, close to the junction with Bakers Ally.
Alton Station an approx. 0.5 miles from the property.
Transport
Alton Station - National rail services
Tenancy
34D & 34E High Street
- Let to The Southern Co-operative Limited t/a Co-operative Food
- 10 year FR&I lease from 2021
- Expiry December 2031
- No tenant break options
- Co-terminus leases across both properties
- Overriding lease across entire building including residential accommodation
- Investment let at £75,000 p.a.
Accommodation
Ground Floor (Commercial): approx. 3,260 sq ft
Flat 34E: approx. 984 sq ft
Flat 34D: approx. 965 sq ft
Total: approx. 5,209 sq ft
Please refer to the floor plan
34D & 34E High Street, Alton, Hampshire, GU34 1BD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Alton Station0.4 miles
- Bentley Station5.2 miles
Notes
Disclaimer - Property reference 221-22025. 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 Savills Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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