High Street *** Freehold Investment Opportunity ***£550,000
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Sold STCBELVOIR Estate And Letting Agent - 01264 36661100000403
*** FREEHOLD INVESTMENT OPPORTUNITY *** SOLD STC*** BELVOIR are pleased to bring to the market this MIXED USE property consisting of 1000 sq ft retail space on the ground floor and 3 flats above. Indicative Yield Guide 7.16%

The commercial portion is let on a 10 year IRI lease at £20,000 pa. All 3 flats are presently Let on AST contracts.

Rental Income per annum:
Commercial: £20,000
Flat income: £19,380
Total per annum: £39,380

The property as a whole will achieve 7.16% yield (we are not financial advisers, and advise you to seek independent advise before committing yourself financially)

Commercial Space
Circa 1000 sq ft retail property on the High Street. The property benefits from being situated opposite the SHOPPING CENTRE entrance & Specsavers as a direct neighbour, having AIR CONDITIONING, 3 phase electrics, sound proofing, Alarm & CCTV system.

Residential Flats
The 3 flats consists of 2 x 1 bed flats and a studio apartment with rear private access

For more information, please contact our office on 01264 366611

ABOUT ANDOVER

The Andover area currently has a population in the region of 52,000 people and is scheduled to grow further over the next few years.

The town has recently become the home of the new administrative headquarters of the British Army?s Land Forces and the Co-operative Group?s new 43,484 m2 [467,891 ft2] distribution depot.

Many well known Companies are located in the Andover area including Agricultural Mortgage Corporation, Britax-Excelsior, Simplyhealth, Lloyds Banking Group, Londis, Office Depot, Petty Wood, Stannah Lifts and Twinings to name but a few.

There are good road links to: London, the M25 and Heathrow & Gatwick Airports by the A303 dual-carriageway and M3; the West Country again by the A303; the major South Coast Ports of Southampton and Portsmouth by the A34/M3; and, the Midlands and the North by the A34/M40.
Andover also has a mainline railway station on the London, Waterloo - Exeter line.