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Town Centre Retail Investment, Units 1-4 Victoria Mews, Fleet Road, Fleet, GU51 3PD

322 Sq Mt / Retail / Investment

For Sale - £975,000.00

Available - Last updated: 29 April 2024

Town centre retail investment.

All occupier businesses unaffected.

Location

Within 1/2 mile of Fleet Railway Station, less than 3 miles to M3 junction 4a.

Nearby occupiers include Sainsburys Supermarket.

Accommodation

Unit 1 & Part Unit 2 - Countrywide Estate Agents

Unit 3 & Part Unit 2 - Untold Gaming Ltd

Unit 4 - PR Hillier, PJ Edwards, JK Edwards, DA Hillier

Note - The Occupier Business is not affected by the sale.

Terms

The property is held on a 155 year lease from 1 July 2003, under which the head rent payable is £800 per annum plus service charge.  The head rent is reviewed every 25 years on an RPI basis.  Price guide £975,000.

EPC - An Energy Performance Certificate is available on request.  The EPC is B on a scale from A to G.

Tenancy Schedule - Please see attached Tenancy Schedule for more information.

Specification

  • Current Rental Income £80,200 per annum exclusive
  • Pre-agreed uplift at 7 December 2024 to £85,200 per annum exclusive
  • Modern Construction from 2003
  • Frontage onto Fleet Road, rear vehicular servicing
  • Constant exposure to vehicular traffic

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
For Sale Long Leasehold For Sale Leasehold £975,000.00 NA

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Contact agents

Chris Glanfield

Glanfield Holmlund

01420 730210

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