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10 Bridge St 904 sq ft Retail Property Andover SP10 1BH £425,000 (£470.13/sq ft)



INVESTMENT HIGHLIGHTS
- Prominent Business Location
- High Ceilings
- Solid Transport Links
EXECUTIVE SUMMARY
The freehold is offered for sale at a guide price of £425,000 subject to contract. The property is let to two tenants at a total current rental income of £34,300 pa.
The shop is let on an effective FRI lease to 7 August 2029 at £25,000 pa. The lease includes a mutual break clause on 1st July 2027. The lease is granted inside the Landlord & Tenant Act 1954. The flat is let on a 2 year AST until 30th January 2027 at £775 pcm subject to a RPI rent review on 1st January 2026.
The shop is let on an effective FRI lease to 7 August 2029 at £25,000 pa. The lease includes a mutual break clause on 1st July 2027. The lease is granted inside the Landlord & Tenant Act 1954. The flat is let on a 2 year AST until 30th January 2027 at £775 pcm subject to a RPI rent review on 1st January 2026.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
904 sq ft
Costar Property Class
B
Year Built
1909
Price
£425,000
Price per sq ft
£470.13
Tenancy
Single
Number of Floors
2
Plot ratio
0.53
Total Plot Size
0.04 ac
Frontage
16 ft on Bridge Street
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10 Bridge St
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