Bay Tree House | 26 West St
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Bay Tree House 26 West St
2,110 SF Retail Building Alresford SO24 9AT For Sale
Investment Highlights
- Grade II Listed Building in prominent trading position
- Centrally located in the heart of Alresford
- Rear vehicular access with rear garden, garage and parking
- First and second floors vacant with potential for residential conversion
Executive Summary
FREEHOLD INVESTMENT FOR SALE (Occupier Business NOT Affected), Long Standing Ground Floor Tenant with Potential for the Upper Floors.
Terms:
The freehold is available for purchase with price guide on application.
Lease:
The Ground Floor and Basement are let to Messrs Rawlings & Sons (Opticians) Ltd, a long established, successful optician business. The lease is for a 10 year term from November 2024, at £30,000 per annum exclusive, subject to 5 year rent review and with a tenant option to break at the end of the 6th year.
The First and Second Floors are currently vacant, former offices. Subject to planning, with ability to create self-contained access, there is residential conversion potential.
Note:
The tenant business is unaffected by the opportunity to acquire the freehold interest.
Accommodation:
Basement 230 sq ft Rawlings Opticians
Ground Floor 780 sq ft Rawlings Opticians
First Floor 800 sq ft Vacant
Second Floor 300 sq ft Vacant
Total: 2110 sq ft
Terms:
The freehold is available for purchase with price guide on application.
Lease:
The Ground Floor and Basement are let to Messrs Rawlings & Sons (Opticians) Ltd, a long established, successful optician business. The lease is for a 10 year term from November 2024, at £30,000 per annum exclusive, subject to 5 year rent review and with a tenant option to break at the end of the 6th year.
The First and Second Floors are currently vacant, former offices. Subject to planning, with ability to create self-contained access, there is residential conversion potential.
Note:
The tenant business is unaffected by the opportunity to acquire the freehold interest.
Accommodation:
Basement 230 sq ft Rawlings Opticians
Ground Floor 780 sq ft Rawlings Opticians
First Floor 800 sq ft Vacant
Second Floor 300 sq ft Vacant
Total: 2110 sq ft
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,110 SF
Building Class
C
Year Built
1960
Tenancy
Single
Building Height
4 Stories
Building FAR
0.69
Lot Size
0.07 AC
Frontage
29 ft on West Street
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Bay Tree House | 26 West St
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