34A High Street, Alton, Hampshire GU34 1BD
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Wednesday 21 October
- A freehold mid terrace property comprising of commercial unit on the ground floor & flat in the upper floors (sold off on a long lease)
- Commercial unit an approx. 1,140 sq ft
- Commercial unit is let on a new 7 year lease from July 2026 (no tenant break options)
- Upwards only rent review in July 2031
- Rent deposit held on account & personal guarantees on the commercial lease
- The unit has been fitted out to a high specification
- 8 week completion available
- Investment let at £15,600 p.a. (11.55% GIY on guide price)
Description
StrapLine
Auction Sale - 20/10/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteA freehold mid terrace property comprising of commercial unit at ground floor and a flat in the upper floors (sold off on a long lease). The commercial unit is let on a new 7 year lease from July 2026.
Investment let at £15,600 p.a.
Description
A freehold mixed-use investment comprising a ground floor commercial unit extending to approximately 1,140 sq ft, with the upper floors sold off on a long lease.
The commercial unit has been fitted out to a high specification and also has the benefit of rear access and a rear yard.
Prominently located on Alton High Street amongst a mix of national and established local retailers, benefiting from strong town centre footfall.
Location
The property occupies a prominent position on High Street in the centre of Alton, an attractive and affluent Hampshire market town. Alton benefits from a strong mix of national and independent retailers, cafés and restaurants, serving a wide catchment area across East Hampshire and the South Downs National Park. The town is approximately 17 miles south-west of Guildford and 28 miles north-east of Winchester.
Transport
Alton railway station is approximately 0.5 miles away, providing regular South Western Railway services to London Waterloo. The town also benefits from excellent road links via the A31, connecting to Guildford, Winchester and the wider motorway network.
Tenancy
34A High Street
- Let to Fat Pizza Ltd (Trading as Fat pizza)
- Let on a 7 year lease from July 2026 (No tenant break options)
- Upwards only open market rent review in July 2031
- Rent deposit of £9,360 held on account
- Personal guarantees provided for the lease
- Investment let at £15,600 p.a.
Accommodation
Please refer to the floor plan.
Commercial unit an approx. 1,140 sq ft
34A High Street, Alton, Hampshire GU34 1BD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Alton Station0.4 miles
Notes
Disclaimer - Property reference 244-24884. 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.”