103 / 109, High Street, Odiham, RG29 1LA

Offers in region of

£230,000

Size

1,050

Tenure

Leasehold

EPC

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Parking

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Primary use
Other

Key features

  • Let to the business owners of Hadley Simmons hair salon.
  • The tenants run a highly successful and popular contemporary salon.
  • Each shop is let on a full repairing lease (inside the L&T Act 1954) expiring in June 2028. Combined current rental income of £21,500 p.a.x. Rent reviews September 2023 not implemented.
  • Grade II listed building.
  • Gross frontage of approx 6m to the High Street.
  • The tenant may be interested in agreeing a new longer term lease.

Description

Description
The investment offered for sale comprises two interconnecting ground floor retail units being No 103 and 109 High Street.

The first floor is a self-contained 2 bed flat ( area approx 1,240 sq ft) which is being offered for sale separately by our client (further details on request) is not included in this sale.

Both properties are Grade II listed ( dated C19th) and within the Odiham Conservation Area.

Full information on the leases and income of this investment opportunity are available from Hurst Warne.

Location
Odiham is a large historic village close to the M3 motorway (J5 2miles) and is midway between Basingstoke and Fleet (10 miles away). The properties are located at the western end of the historic and attractive High Street. Ample public parking is available within the village.

Viewings
Only by prior appointment with Hurst Warne.

Terms
The ground floor retail units will be offered for sale on a new single long leasehold interest for a term of 999 years at a peppercorn rental. The buyer will be responsible for internal repairs/maintenance of the ground floor and the external repairs/decoration of the shop frontages. In addition to pay a fair and reasonable proportion towards the cost of repair, maintenance of the building and the roof serving the property.
Additional information
Service charge
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Business rates
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Use class
E
Listed building
No
Business for sale
No
Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

103 / 109, High Street, Odiham, RG29 1LA

NEAREST STATIONS

National Rail

Hook Station

2.03 miles

National Rail

Winchfield Station

2.6 miles

National Rail

Fleet Station

5.4 miles

About Hurst Warne & Partners Surveyors Limited, Guildford

Hurst Warne & Partners Surveyors Limited, Guildford

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Disclaimer - Property reference 352211-1. 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 Hurst Warne & Partners Surveyors Limited, Guildford. 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.