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29 Chapel Street, Petersfield, GU32

££225,000

Commercial Property For Sale

FREEHOLD INVESTMENT

LOCATION
Petersfield is a popular market town situated just off the A3.  There is a large car park to the rear of the property and rear access from a service road,

DESCRIPTION
A part 2 storey part 3 storey building with a shop at ground floor and flat above.

ACCOMMODATION
The approximate net internal floor areas are as follows:-

SHOP
Shop423 sq ft
Office/Workshop133 sq ft


Total556 sq ft


FLAT
4 rooms, kitchen/diner, bathroom/WC and utility room

LEASES
The shop is let to Steven White T/A The Petersfield Cobbler on a full repairing and insuring lease for 10 years from 01.05.2021.  There is an upwards only rent review on 01.05.2026 and a tenant only break of 30.04.2026.
Rent £16,000 pax
The tenant has occupied the property as a shoe repairer for over 20 years.
The flat is sold off on a lease expiring 24.12.2136 at a rent of £100 pa to 24.12.2057, £200 pa to 24.12.2093 rising to £300 pa until expiry.

GUIDE PRICE
£225,000 (NO VAT)

LEGAL COSTS
Each party to bear their own legal costs.

EPC
An Energy Performance Certificate (EPC) of the shop is available upon request.

VIEWING
Strictly by appointment through VDBM on 01923 845222.

Tenure: Freehold

No floorplans available for this property

EPC

property epc

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Office Details

Northwood
VDBM
30A Green Lane
Northwood, Middlesex
HA6 2QB

01923 845 222
property@vdbm.co.uk

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