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Investment Property In Waltham Chase Hampshire

Waltham Hampshire
Investment Property Waltham Chase, Hampshire Rental income £19,200 per annum Convenience Store & Post Office Well established business 4-bedroom family accommodation Desirable area
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 69004
ADVERT IMPRESSIONS : 10,763 TIME(S)

 
BUSINESS SECTOR: Commercial Property
TRADE TYPE: Investment Properties
SALE: Agent Sale

FREEHOLD:

£384,950
 

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BUSINESS DETAILS:

Location
These retail premises with living accommodation are located in the delightful village of Waltham Chase, an affluent and sought after area of Hampshire, popular with commuters to Southampton, Winchester and Portsmouth. The premises have the benefit of a school on either side, one a junior and one a primary. The store draws its trade from the local area, as well as the passing traffic created by the schools. There is good access the motorway network with the M27 and M3 close by.

Business History
Preferred Commercial is delighted to offer for sale this investment property which houses a well-established and thriving convenience store and Post Office business. There has been a shop on this site for over 100 years and the premises have been in our client's hands since 2004. The property is only now being placed on the market due to our client's other business interests. The property has been maintained to a high standard throughout and benefits from a spacious retail area as well as excellent 4 bedroom self-contained split-level family living accommodation, occupying two adjoining buildings, with mature gardens to the rear of both. Our client is currently negotiating a new 25 year lease with the current tenant. This is a unique opportunity to acquire an investment property, situated in a sought after village location and that offers excellent living accommodation. Early discussions with Preferred Commercial must come highly recommended.

Rental Income
£19,200 per annum

Accommodation Details
Double fronted shop premises set in a village location. Briefly comprising:

Ground Floor
• Main entrance leading to open-plan sales area with fittings to suit trade including serving counter, racking and shelving and various chillers
• 1-position post office counter with post office sorting office behind supporting three postmen.
Self-contained living accommodation briefly comprising:
• Entrance.
• Lounge with Victorian style fireplace and double sliding patio doors to garden.
• Kitchen, with a range of fitted wall and base units and with door leading to wooden conservatory.

First Floor
• Family bathroom.
• 3 double bedrooms, one of which has en-suite.
• 1 single bedroom.

External
• Parking forecourt to front
• Large garden mainly laid to lawn with patio area
• Yard to right hand side of garden
• Outside toilet

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

2782 / RightBiz
   
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