2 bedroom maisonette let on an Assured Shorthold Tenancy
Prominent town centre location
Nearby occupiers include Barclays Bank, Lloyds TSB, Crew Clothing, Caffè Nero, Joules, Waitrose, Fat Face and Laura Ashley
Six Week Completion
Lot 2
Auction 27th March 2014
Rent £40,000 per Annum Exclusive
Status Sold
Price £575,000
Sector High Street Retail
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
18 miles north of Portsmouth
57 miles south-west of London
Roads
A272, A23 and A3 link to A3(M)
Rail
Petersfield Station (London Waterloo 63 minutes)
Air
London Gatwick Airport (34 miles) London Heathrow Airport (38 miles)
Situation
The property is situated in the heart of Petersfield – an affluent and historic market town in the heart of the South Downs National Park. The property is situated on the northern side of The Square which forms the principal retail shopping location together with the High Street and the nearby Rams Walk Shopping Centre.
Tenure
Freehold.
Location
Miles
18 miles north of Portsmouth
57 miles south-west of London
Roads
A272, A23 and A3 link to A3(M)
Rail
Petersfield Station (London Waterloo 63 minutes)
Air
London Gatwick Airport (34 miles) London Heathrow Airport (38 miles)
Situation
The property is situated in the heart of Petersfield – an affluent and historic market town in the heart of the South Downs National Park. The property is situated on the northern side of The Square which forms the principal retail shopping location together with the High Street and the nearby Rams Walk Shopping Centre.
Tenure
Freehold.
Description
The property comprises a ground floor shop unit with a selfcontained 2 bedroom maisonette over the first and second floors.
The maisonette has separate access from the front and the shop unit also benefits from rear access. There are two car parking spaces to the rear.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor shop unit with a selfcontained 2 bedroom maisonette over the first and second floors.
The maisonette has separate access from the front and the shop unit also benefits from rear access. There are two car parking spaces to the rear.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground Ground
Retail Ancillary
64.75 sq m 4.18 sq m
(697 sq ft) (45 sq ft))
THE CARPHONE WAREHOUSE LIMITED (1)
10 years from 29/09/2007 on an effective full repairing and insuring lease
£32,500
28/09/2017
First/Second
Residential
Not Measured
INDIVIDUAL
AST 12 months from 08/10/2013
£7,500
07/10/2014
Totals
68.93 sq m
(742 sq ft)
£40,000
(1) For the year ending 30th March 2013, The Carphone Warehouse Limited reported a turnover of £1,671,731,000, pre-tax profits of £98,895,000 and a total net worth of £864,975,000. (Source: www.riskdisk.com 20/02/2014)
