Millbank House, Hartley Wintney, RG27 8PE

Millbank House is located on London Road, close to the central trading location in Hartley Wintney, and the village green.

The village centre facilities are within a very short walk, that include a Post Office, Tesco convenience store, Costa Coffee, butchers, baker and a range of local retailers, with pub and restaurants.

Both of the retail units have longstanding tenants who have been in occupation for many years.

Shop 1 is leased to Odiham Cottage Hospital (as a charity shop) at a current rent of £22,378 per annum until 24 December 2031, with annual RPI increases. The unit has 2 private parking spaces at the rear, and has a rateable value of £14,250 per annum.

Shop 2 is let to Mackenzie Smith Estate Agent at a rent of £23,448 per annum until 31 October 2029, with RPI annual increases. Similarly, this unit has 2 parking spaces at the rear, and a rateable value of £14,500 per annum.

The various first floor residential flats are all sold on long groundhold leases. The flats have allocated parking spaces in the rear car park, at the rear of which is an additional garden area.

Millbank House is a character building, presented in good condition externally, offering an opportunity to acquire a freehold investment with secure income from long established tenants in occupation, thus providing a secure and easily managed investment opportunity.

£650,000.

Shop 1 - £14,250 per annum.
Shop 2 - £14,500 per annum.

C/52.

Each party to meet its own legal costs incurred in the transaction.