8 High St
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8 High St
1,296 SF Retail Building Alton GU34 1BN For Sale
Investment Highlights
- Grade II Listed Building – attractive period features throughout
- Separate 3/4 bedroom living accommodation (vacant possession)
- Neighbouring former Austin Bank, Jane Austin’s brother
- Within 1/4 mile of mainline railway station (London Waterloo 1 hour)
Executive Summary
The café/restaurant is let on a 25 year, proportionally full repairing and insuring lease from November 2022 at a rent of £35,000 per annum exclusive, subject to 5 yearly rent reviews.
There is a tenant option to break at the end of the 5th year of the term, subject to 6 months minimum prior written notice. There is a 6 months rent deposit held under Deed.
There is a tenant option to break at the end of the 5th year of the term, subject to 6 months minimum prior written notice. There is a 6 months rent deposit held under Deed.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,296 SF
Building Class
C
Year Built
1901
NOI
$43,488
Tenancy
Single
Building Height
3 Stories
Frontage
20 FT on High Street
Amenities
- Bus Line
- Commuter Rail
- Security System
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8 High St
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