Comprises two shops & two separately accessed flats
Town Centre Location just 150 metres from Petersfield Station
VAT-Free Investment
Lot 3
Auction 13th December 2021
Rent £47,870 per Annum Exclusive
Status Sold Prior
Price
Sector High Street Retail
Auction Venue Live Streamed Auction
On Behalf of Trustees of a Pension Scheme
Property Information
Location
Miles
15 miles south-west of Haslemere
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
Petersfield is an affluent and historic market town in the heart of the South Downs National Park. The property is situated on the south side of Lavant Street, close to its junction with Charles Street, 150 metres east of the Railway Station and 250 metres west of the Rams Walk Shopping Centre, which is anchored by Waitrose. Swan Street Car Park is close by. Occupiers nearby include Dominos, Henry Adams and a number of specialist retailers.
Tenure
Freehold.
Location
Miles
15 miles south-west of Haslemere
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
Petersfield is an affluent and historic market town in the heart of the South Downs National Park. The property is situated on the south side of Lavant Street, close to its junction with Charles Street, 150 metres east of the Railway Station and 250 metres west of the Rams Walk Shopping Centre, which is anchored by Waitrose. Swan Street Car Park is close by. Occupiers nearby include Dominos, Henry Adams and a number of specialist retailers.
Tenure
Freehold.
Description
The property comprises two ground floor shops with two separately accessed flats above.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
See Legal Pack at www.acuitus.co.uk
Description
The property comprises two ground floor shops with two separately accessed flats above.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
See Legal Pack at www.acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Ground
Retail/Ancillary
91.40 sq m
(984 sq ft)
D.M HARDEN t/a The Tile Store
6 years from 7/06/2019
£18,000
Ground
Retail/Ancillary
46.60 sq m
(502 sq ft)
R.M. ARMSTRONG t/a Domestic Appliances & Repairs
10 years from 25/03/2017 with a rent review on 25/03/2022
£11,000
First
Residential
64.80 sq m
(698 sq ft)
INDIVIDUAL
AST from 12/02/2015 (Holding Over)
£9,270
First
Residential
71.91 sq m
(774 sq ft)
INDIVIDUAL
AST from 28/03/2020 (Holding Over)
£9,600
Total
274.80 sq m
(2,958 sq ft)
£47,870
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.