retail & ground rent investment - Realla
RETAIL & GROUND RENT INVESTMENT FOR SALE GROUND FLOOR RETAIL UNITS 19, 21 & 23 NORMANDY STREET, ALTON HAMPSHIRE, GU34 1DD 370, 385 & 720 SQ FT (34.37, 35.77 & 66.89 SQ M)
SITUATION The properties are situated on Normandy Street, Alton. Normandy Street lies within Alton town centre. DESCRIPTION Ground floor retail units with converted first floor space providing residential accommodation. ACCOMMODATION Number 19 Number 21 Number 23 Total
Sq. M. 34.37 35.77 66.89 137.03
Sq. Ft. 370 385 720 1,475
ENERGY PERFORMANCE CERTIFICATE Number 19 has an EPC rating of F and a score of 130 Number 21 has an EPC rating of C and a score of 73 TENANCY INFORMATION Number 19 is let to S G Tilley on a lease expiring 24th September 2018. The rent passing is £6,000 per annum exclusive with a rent review in September 2016. Number 21 is let to Dale Nicholls and Robert Urquhart on a lease expiring on 19th February 2018. The rent passing is £6,000 per annum exclusive. Number 23 is let to David & Christine Pougher on a lease ending 25th November 2018. The rent payable is £11,000 per annum exclusive. There are 7 long leasehold flats that pay £150 per annum each. The total rent passing is £24,050 per annum exclusive. PROPOSAL Offers are sought in the region of £285,000 (Two Hundred & Eighty Five Thousand Pounds). VAT is applicable. LEGAL COSTS Each party is to bear their own costs. VIEWING Contact Shane Prater on 01635 262510 or Email: [email protected] March 16
SITUATION The properties are situated on Normandy Street, Alton. Normandy Street lies within Alton town centre. DESCRIPTION Ground floor retail units with converted first floor space providing residential accommodation. ACCOMMODATION Number 19 Number 21 Number 23 Total
Sq. M. 34.37 35.77 66.89 137.03
Sq. Ft. 370 385 720 1,475
ENERGY PERFORMANCE CERTIFICATE Number 19 has an EPC rating of F and a score of 130 Number 21 has an EPC rating of C and a score of 73 TENANCY INFORMATION Number 19 is let to S G Tilley on a lease expiring 24th September 2018. The rent passing is £6,000 per annum exclusive with a rent review in September 2016. Number 21 is let to Dale Nicholls and Robert Urquhart on a lease expiring on 19th February 2018. The rent passing is £6,000 per annum exclusive. Number 23 is let to David & Christine Pougher on a lease ending 25th November 2018. The rent payable is £11,000 per annum exclusive. There are 7 long leasehold flats that pay £150 per annum each. The total rent passing is £24,050 per annum exclusive. PROPOSAL Offers are sought in the region of £285,000 (Two Hundred & Eighty Five Thousand Pounds). VAT is applicable. LEGAL COSTS Each party is to bear their own costs. VIEWING Contact Shane Prater on 01635 262510 or Email: [email protected] March 16
