Retail property (high street) to rent
Property description & features
- To Let – Commercial unit with Class E Use
- Open-plan retail unit, with ancillary space to rear
- Rent: £45,000 pax
- Alton Town Centre
- Near to TSB, Boots, Greggs, Costa, Specsavers, Co Op, Savers, Waterstones and The Swan Hotel
- Net internal area of c. 2,500 Sq. Ft. / 232 Sq. M.
- Would suit office, retail, medical, hospitality or professional services businesses
- Mid-terrace building with period detailing, including large sash windows
We understand that the unit benefits from Class E Use, making it potentially suited to businesses within retail, coffee shop/restaurant, office, medical, professional services, subject to the tenant securing any necessary planning consent, as required.
ACCOMMODATION
Trinity Rose Commercial have been instructed to rentalise c. 2,500 Sq. Ft. / 232 Sq. M. of ground floor commercial space.
TENURE
Available to let on a new lease on terms to be agreed at an initial rent of £45,000 pa exclusive of any business rates, utilities, buildings insurance apportionment and service charge, as applicable.
RATEABLE VALUE
Online enquiry via indicated a rateable value of £35,750, effective from 1st April 2023, however this included the first floor which the freeholder is retaining. A new assessment will therefore be required, which will reduce the occupier’s business rates liability.
LEGAL COSTS AND VAT
Each party is to bear their own legal costs in any transaction. The property is not elected for VAT purposes.
EPC RATING
Rated D (98) under certificate reference 2495-4114-4246-9280-4592 valid until 28th January 2031.
VIEWINGS
All enquiries and appointments to view via sole agent Trinity Rose Commercial on[use Contact Agent Button].
Centrally situated within a conservation area in the market town of Alton, Hampshire the location enjoys high levels of footfall as well as short-stay on street car parking. It is strategically well-positioned to benefit from the ongoing residential redevelopment of the nearby Molson Coors Brewery by CALA Homes (Rivermead Gardens), which will see 220 new homes, a care home and separate assisted living facilities.
Alton benefits from a wide range of shopping facilities and excellent road links with the A31 providing easy access to Farnham (9 miles), Winchester (16 miles) and Guildford (20 miles). Alton has a mainline railway station with connections to London Waterloo via Woking.
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