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Investment Highlights
- Freehold.
- arranged over Ground, First and Second Floors.
- Asset management potential through re-letting of property.
- The property is elected for VAT.
- Vacant.
- Centrally located in Andover's primary retailing and leisure destination.
- Mixed-use property comprising 5,439 sq ft (505.3 sqm).
- Potential for change of use, subject to requisite consents.
- Low capital value of £45.05 per sq ft.
Executive Summary
The property comprises 5,439 sq ft of mixed use accommodation arranged over ground, first and second floors. The retail unit is 4,606 sq ft over three levels and benefits from a substantial frontage onto Andover's main retailing street. From a retailer's perspective the property benefits significantly from its rear access. There is a vacant 1-bed flat on the second floor of the property benefitting from discrete access to the rear of the building.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront
Building Size
5,541 SF
Building Class
B
Year Built
1912
Price
$465,710 CAD
Price Per SF
$84.05 CAD
Percent Leased
19%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.91
Lot Size
0.14 AC
Frontage
29’ on High Street
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Gat Investments
- -
- 5,029 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Gat Investments | - | 5,029 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
À louer sous un nouveau bail FRI pour une durée à convenir, avec un loyer de départ de 55 000 £ par an + TVA.
| Space | Size | Space Use | Position | Available |
| Ground | 2,395 SF | Retail | In-Line | Now |
Ground
| Size |
| 2,395 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Ground
| Size | 2,395 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
À louer sous un nouveau bail FRI pour une durée à convenir, avec un loyer de départ de 55 000 £ par an + TVA.
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Nearby Major Retailers
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38-40 High St
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