High Street Retail Property for sale

High Street FREEHOLD INVESTMENT OPPORTUNITY, Andover, Andover, SP10, GB


Guide price
£650,000
S.O.A.

Features

  • Character Building
  • FREEHOLD
  • Prime Location Investment Opportunity
  • Tenanted by TSB Bank until 2021

Description

FREEHOLD INVESTMENT OPPORTUNITY of this prime High Street approx 1278 sq ft property that includes the ground floor RETAIL /COMMERCIAL SHOP and freehold of 7 long leasehold flats. The ground floor commercial unit is presently let to TSB Bank until 2021 with no break. Rental income @ £48,000 pa so therefore a 7.38% yield. Viewings can be booked with us by appointment. Please contact us for more information.
ABOUT ANDOVER
The Andover area currently has a population in the region of 52,000 people and is scheduled to grow further over the next few years.
The town has recently become the home of the new administrative headquarters of the British Army?s Land Forces and the Co-operative Group?s new 43,484 m2 [467,891 ft2] distribution depot.
Many well known Companies are located in the Andover area including Agricultural Mortgage Corporation, Britax-Excelsior, Simplyhealth, Lloyds Banking Group, Londis, Office Depot, Petty Wood, Stannah Lifts and Twinings to name but a few.
There are good road links to: London, the M25 and Heathrow & Gatwick Airports by the A303 dual-carriageway and M3; the West Country again by the A303; the major South Coast Ports of Southampton and Portsmouth by the A34/M3; and, the Midlands and the North by the A34/M40.
Andover also has a mainline railway station on the London, Waterloo - Exeter line.

Categories

High Street Retail Property
Call
Property reference
d4243d598346378273c71bbf7a2cb78f