Property Information
Address:
High Street, Andover, Hampshire
, SP10 1ng
, Hampshire
, United Kingdom
Price: Sale Price: £564,000
Size: 1000 sq ft93 sqm
Primary Category: Investment
All Categories:
Investment, Shop,
Property Ref/Movehut: MH540242
Property Ref/Agent: 00000403
*Please use the agent ref when calling the agent directly.
Property description
BELVOIR are pleased to bring to the market this MIXED USE property consisting in 1000 sq ft retail space on the ground floor and 3 flats above. Yield Guide 6.77% The commercial property would be offered with vacant possession as is owner occupied. All 3 flats are presently Let on AST contracts.
Rental Income per annum:
Commercial: £20,000 (potential)
Flat income: £18,180
Total per annum: £38,180
Commercial Space
Circa 1000 sq ft retail property on the High Street. The property benefits from being situated opposite the SHOPPING CENTRE entrance & Specsavers as a direct neighbour, having AIR CONDITIONING, 3 phase electrics, sound proofing, Alarm & CCTV system.
Residential Flats
The 3 flats consists of 2 x 1 bed flats and a studio apartment with rear private access
For more information, please contact our office on 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.
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