Commercial Property in Milland available for sale
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Commercial Property for Sale near Milland (Liphook)

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Commercial Properties for Sale Within 5 miles of the Milland (Liphook)

More details for Penns Pl, Petersfield - Office for Sale

Council Offices - Penns Pl

Petersfield, GU31 4EX

  • Office for Sale
  • Price Upon Request
  • 43,132 sq ft
  • Security System

Petersfield Office for Sale

The Site is irregular in shape and comprises the former East Hampshire District Council offices and car parking. The Site extends 3.77 acres (1.527 ha). It is our understanding that the Site is fully vacant (As of 20 June 2025). The Property will be sold with the benefit of Vacant possession. The Site forms part of the land edged green (see adjacent plan). The part to be sold is shown on the red line plan below. The remaining land, access road and sports fields are being retained by EHDC. The land to the south (edged in blue) extends c. 20.78 acres and is owned by the Churcher’s College and largely comprises playing fields. The land to the west extends c. 55.89 acres (edged in purple and extending beyond the adj. plan) is owned by Petersfield Town Council and comprises sports pitches and a leisure centre. The leisure centre is on a long lease to EHDC. Vegetation on the Site is limited to mixed boundary hedgerows interspersed with mature trees.

Contact:

Savills

Date on Market:

01/10/2025
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LoopNet UK Hampshire Liphook Commercial Properties For Sale in Milland, Liphook, UK

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FAQs About Commercial Property For Sale in Milland

See All Properties For Sale
How many commercial properties are currently available for sale in Milland?
There are currently 0 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Milland?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the Milland (Liphook)

Market Overview for Commercial Properties in Milland

Key information for Commercial Properties investors in Milland and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Midhurst £162 2,626 sq ft
Haslemere £200 7,922 sq ft
Hartley Wintney £478 1,073 sq ft
Petworth £122 3,171 sq ft
Chichester £193 6,321 sq ft

Rental Price Trends in Milland

The price per square foot range for Commercial Properties in Milland and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Midhurst £162 £162 £162
Haslemere £174 £200 £231
Hartley Wintney £478 £478 £478
Petworth £122 £122 £122
Chichester £33 £193 £789

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Milland area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Midhurst 2,626 sq ft 2,626 sq ft 2,626 sq ft
Haslemere 3,513 sq ft 7,922 sq ft 14,020 sq ft
Hartley Wintney 1,073 sq ft 1,073 sq ft 1,073 sq ft
Petworth 3,171 sq ft 3,171 sq ft 3,171 sq ft
Chichester 248 sq ft 6,321 sq ft 43,132 sq ft

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