Commercial Property in Test Valley available for sale
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Commercial Properties for Sale in the Test Valley, Andover

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More details for 21-21A Market Pl, Romsey - Office for Sale

Market Chambers - 21-21A Market Pl

Romsey, SO51 8NA

  • Office for Sale
  • £820,000
  • 3,614 sq ft

Romsey Office for Sale

The freehold is offered for sale with a guide price of £820,000 subject to contract. The property is not elected for VAT. The two ground floor shops are let as set out in the tenancy schedule producing a current rental income of £47,500 pa. The property is being sold with vacant possession of the upper floors of 2,098 sqft. The property comprises a 4 storey Grade II Listed building providing two ground floor lock-up shops together with self-contained offices on three upper floors. The offices are accessed via a separate entrance from Market Place and have previously been used as both offices and also beautician treatment rooms. Some of the offices have laminate floors (installed over existing carpets). The offices have electric heating with WC’s and shower on the first floor. There is the potential for the vacant upper floors to be converted in residential accommodation subject to planning permission being granted.

Contact:

Pullen Associates Ltd

Date on Market:

11/11/2025
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More details for 11-11B Bridge St, Andover - Retail for Sale

11-11B Bridge St

Andover, SP10 1BE

  • Retail for Sale
  • £350,000
  • 2,153 sq ft
  • Energy Performance: E

Andover Retail for Sale

The freehold interest of the premises is available for sale at £350,000. The ground floor shop is let to Denancial Ltd who are holding over on a 10 year FRI lease from 18/01/2013 subject to a non-downward rent review on 17/01/2017 and at a current rent of £20,000 pax.

Contact:

Stratfords Commercial (Andover) Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

19/09/2025
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More details for Romsey Rd, Stockbridge - Retail for Sale

The Crown Inn - Romsey Rd

Stockbridge, SO20 6PW

  • Retail for Sale
  • £400,000
  • 3,795 sq ft
  • Security System

Stockbridge Retail for Sale - Test Valley

The property is located in the village of King Somborne, Hampshire, 12.2 kilometres (7.6 miles) west of Winchester, 21.5 kilometres (13.4 miles) east of Salisbury, and 14.7 kilometres (9.1 miles) south of Andover. The Crown Inn is situated in the village of Kings Somborne fronting Romsey Road which provides access to neighbouring villages. The property is located in a semi-rural residential area with local facilities including Kings Somborne Parish Church, Kings Somborne Village Hall and Kings Somborne CofE Primary School. Freehold public house investment for sale, currently let on a lease expiring in 2028 The property was built in 1753 and comprises a Grade II Listed, two storey semi-detached building, with single storey extension to the left elevation. The Crown Inn has painted and rendered mock Tudor elevations beneath a thatched roof. Externally there is a beer garden to the side with seating for approximately 30 customers. There are some additional picnic benches provided to the front of the property also. The car park to the left of the pub, provides parking for approximately 13 vehicles. Freehold public house investment Let to T Minter & J Evans LLP Current rent £45,627 per annum Lease without break, expiring in October 2028 giving an unexpired term of approximately 3 years RPI index linked increases Business unaffected by sale Site area of approximately 0.225 acres (0.091 ha) We are seeking offers in the order of £400,000 (10.95% NIY) Internally the public house is cosy in its layout with a number of interconnecting trade rooms. The right hand side of the pub features the bar servery and public bar area. To more formal dining areas are located to the left. WC’s are also provided adjacent to this area. The kitchen and cellar are positioned at the rear of the ground floor. The first floor comprises of an office/lounge, 3 bedrooms and a bathroom. Internally the public house is cosy in its layout with a number of interconnecting trade rooms. The right hand side of the pub features the bar servery and public bar area. Two more formal dining areas are located to the left. WC’s are also provided adjacent to this area. The kitchen and cellar are positioned at the rear of the ground floor. The first floor comprises of an office/lounge, 3 bedrooms and a bathroom. The property is held freehold. The entire property is let on a 10 year full repairing and insuring lease to T Minter & J Evans LLP (Company Number OC320959) expiring 18th October 2028 at a current rent of £45,627 per annum, subject annual RPI indexation and upwards only 5 yearly open market reviews. The lease is free of trading ties.

Contact:

Savills

Property Subtype:

Bar

Date on Market:

09/09/2025
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More details for Chalkcroft Ln, Andover - Leisure for Sale

Chalkcroft Ln

Andover, SP11 0RD

  • Leisure for Sale
  • £4,000,000
  • 17,551 sq ft

Andover Leisure for Sale

Penton Lodge is a Grade II Listed country house dating from the early 19th Century, with mid-19th Century additions. The house has primarily been used for Education purposes since World War II and in recent years has also been partly repurposed as a wedding venue. It is constructed of brick with stucco-rendered elevations beneath a pitched and hipped slate roof, the house features timber-framed sash windows and retains many original architectural features.

Contact:

Savills

Date on Market:

17/06/2025
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More details for 14 High St, Andover - Retail for Sale

14 High St

Andover, SP10 1NX

  • Retail for Sale
  • £450,000
  • 2,676 sq ft

Andover Retail for Sale

Offers invited in the region of £450,000 for the freehold interest. VAT is not currently charged. Three storey retail & office premises with planning permission for conversion of the upper floors into three one-bedroomed flats. There may be the possibility of building a fourth flat at second floor level, subject to the necessary consents. Planning Permission was granted on 23/10/2024 for External alterations to include additional windows and side fire exit. 24/01912/FULLN. Notice that Prior Approval is required and that Prior Approval is granted was issued on 19/03/3025 for change of use of upper floors to 3 dwelling houses. 24/02497/PDMAN.

Contact:

Stratfords Commercial (Andover) Ltd

Property Subtype:

Shopfront Retail / Office

Date on Market:

04/06/2025
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More details for 10 Bridge St, Andover - Retail for Sale

10 Bridge St

Andover, SP10 1BH

  • Retail for Sale
  • £425,000
  • 904 sq ft

Andover Retail for Sale

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.

Contact:

Pullen Associates Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

04/06/2025
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More details for Monxton Rd, Abbotts Ann - Light Industrial for Sale

Manor Farm - Monxton Rd

Abbotts Ann, SP11 7DB

  • Light Industrial for Sale
  • £250,000 - £500,000
  • 1,158 - 7,862 sq ft
  • 3 Units Available

Abbotts Ann Light Industrial for Sale - Andover

The property is a commercial site of approximately 0.5 acres (0.2 ha) with former farm buildings converted for industrial/office use. Externally the property has concrete hardstanding yard areas and good car parking to the front of the buildings. The property is located in a rural situation on Abbotts Ann Road between the villages of Monxton and Abbotts Ann, with Andover the nearest town 3 miles east.

Contact:

Myddelton & Major

Date on Market:

03/06/2025
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More details for 1C Union St, Andover - Retail for Sale

1C Union St

Andover, SP10 1PA

  • Retail for Sale
  • £140,000
  • 435 sq ft
  • Energy Performance: C

Andover Retail for Sale

Offers invited in the region of £140,000 which will show a purchaser a net initial yield of about 8.07% after deducting purchaser's costs at 1.75%. Julie Wakeham & Theresa Holloway have occupied the premises since 1998 and terms for a new 6 year FRI lease from 25 March 2025 have been agreed subject to a non-downward rent review after 3 years, tenants’ option to break at the 3 year point with 6 months’ notice, security of tenure excluded at the end of the term and at a commencing rent of £11,500 pax.

Contact:

Stratfords Commercial (Andover) Ltd

Date on Market:

03/03/2025
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More details for Harewood Forest, Andover - Industrial for Sale

Harewood Forest Works - Harewood Forest

Andover, SP11 7AQ

  • Industrial for Sale
  • £4,500,000
  • 34,856 sq ft

Andover Industrial for Sale - Test Valley

The estate has a central green with three privately owned residential properties to the north with surrounding land comprising a mixture of trees, scrub and former factory footings and to the south, and an industrial area comprising the following: Veolia Unit: A modern purpose-built waste transfer station constructed in 1997 with a gross internal area of 839.19 sq m (9,033 sq ft) and 18.58 sq m (200 sq ft) of office accommodation with an enclosed compound / yard of 1,997.42 sq m (21,500 sq ft). Unit 3 and 6: These units are of steel frame construction with pitched roofs, concrete floors and loading doors. Externally the units benefit from parking and loading areas. Unit 6 has an internal eaves height of approx. 5m. The units could be fenced and gated to provide secure yards. The temporary office is a tenants fixture and is on land that is rented as part of the tenancy. Speedwell: A tenanted two-bedroom bungalow, held on a protected tenancy which will require full refurbishment in due course. Land: There are various areas of land which have been previously developed and could potentially be redeveloped, subject to planning. There are also various derelict and unoccupied buildings which could offer additional developable areas.

Contact:

Vail Williams LLP

Property Subtype:

Service

Date on Market:

19/12/2024
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More details for Edison Gate, Andover - Industrial for Sale

Portway West Business Park - Edison Gate

Andover, SP10 3SE

  • Industrial for Sale
  • £275,000
  • 4,220 - 4,280 sq ft
  • 2 Units Available

Andover Industrial for Sale

This detached property comprises of two factory/warehouse units at the entrance to Edison Gate. The premises are located at the entrance to Edison Gate on Portway West Business Park which lies on the western outskirts of Andover next to the A303 dual-carriageway.

Contact:

Stratfords Commercial (Andover) Ltd

Property Subtype:

Service

Date on Market:

02/12/2024
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More details for 133-145 Botley Rd, North Baddesley - Retail for Sale

133-145 Botley Rd

North Baddesley, SO52 9EB

  • Retail for Sale
  • £1,295,000
  • 5,301 sq ft
  • Security System

North Baddesley Retail for Sale

The property is located in a densely populated residential area 2.9 miles east of Romsey Town Centre and 6.3 miles north of Southampton City Centre. The property occupies a prominent position on Botley Road, the main A27 linking Southampton to Romsey. The site is located next to Baddesley Industrial Park. Prominent commercial site investment The property comprises a prominent commercial site consisting of a front car wash unit with ground floor reception / waiting area and first floor offices, plus an attached self-contained industrial unit occupied for the purpose of vehicle workshop and MOT testing station. The site benefits from a two points of access from Botley Road, one of which is via an easement with the adjacent industrial estate. The vehicle repair and MOT testing station is let to SJP Independent Garage Specialist Limited for a term of 10 years from 01 November 2022 at a passing rent of £35,000 per annum exclusive, subject to open market upward only rent review and tenant only break option on the 5th anniversary. The car wash demise is currently let by way of a Tenancy at Will. The occupier is prepared, subject to contract, to enter into a new 10 year lease at a rent of £60,000 per annum exclusive. Alternatively, that section of the site can be purchased with vacant possession. Site plans available on request. Site size 0.51 acres Prominent highly visible roadside site Scope for alternative uses (STP) Freehold Title Option 1: Fully income generating investment (£95,000p.a.) Option 2: Part income producing vehicle workshop (£35,000 p.a.) and vacant possession of car wash

Contact:

Hellier Langston Ltd

Property Subtype:

Vehicle Repair Garage

Date on Market:

04/10/2024
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More details for 24 High St, Andover - Retail for Sale

24 High St

Andover, SP10 1NL

  • Retail for Sale
  • £300,000
  • 1,279 sq ft

Andover Retail for Sale

EITHER GROUND FLOOR TO LET On a new FRI lease for a period to be agreed at a commencing rent of £25,000 pax. OR WHOLE BUILDING FOR SALE Price £300,000. GROUND FLOOR Vacant UPPER FLOORS Converted to provide 7 residential units and let to LAR Property Ltd on a 150 year, effectively FRI, lease from 09 June 2015 at a peppercorn rent if demanded.

Contact:

Stratfords Commercial (Andover) Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

16/11/2022
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More details for Winchester Rd, Ampfield - Land for Sale

Winchester Rd

Ampfield, SO51 9BQ

  • Land for Sale
  • £850,000
  • 0.33 ac Plot

Ampfield Land for Sale

Subject to planning permission (STPP) a variety of uses could be explored such as; EV charging / petrol station, vehicle dealership, convenience store, children’s nursey, offices or continue to be used as a restaurant/café. Alternatively STPP, the site could provide the development opportunity for up-to four 3/4 bedroom family homes comprising of approx. 1,380 – 1,670 sqft or the existing building could be converted into a single dwelling

Contact:

Rare Consulting (UK) LTD

Property Subtype:

Commercial

Date on Market:

07/03/2023
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LoopNet UK Hampshire Andover Commercial Properties For Sale in Test Valley, Andover, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Test Valley

See All Properties For Sale
How many Commercial Property listings are available for sale in Test Valley?
There are currently 27 Commercial Properties available for sale near Test Valley. These Test Valley Commercial Property listings have an average size of 20,451 sq ft. The largest available listing in Test Valley is 152,094 sq ft. The thriving commercial centre and excellent transport links in Test Valley make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Test Valley?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Test Valley currently range from £48 to £351 per square foot. While the average net initial yield for Commercial Properties is 6.79%.
What other types of commercial property are available for sale in Test Valley?
There is a diverse range of commercial properties available in Test Valley to suit various business needs. Test Valley offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 27 Test Valley commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Test Valley, Andover

Market Overview for Commercial Properties in Test Valley

Key information for Commercial Properties investors in Test Valley 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
Andover £164 33,302 sq ft
Winchester £232 26,069 sq ft
Romsey £188 2,372 sq ft
Ludgershall £146 613 sq ft
Whitchurch £341 2,155 sq ft

Rental Price Trends in Test Valley

The price per square foot range for Commercial Properties in Test Valley 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
Andover £97 £164 £351
Winchester £110 £232 £450
Romsey £170 £188 £195
Ludgershall £146 £146 £146
Whitchurch £154 £341 £528

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Andover 435 sq ft 33,302 sq ft 152,094 sq ft
Winchester 1,712 sq ft 26,069 sq ft 90,000 sq ft
Romsey 1,529 sq ft 2,372 sq ft 3,614 sq ft
Ludgershall 613 sq ft 613 sq ft 613 sq ft
Whitchurch 481 sq ft 2,155 sq ft 3,828 sq ft

You searched for commercial property for sale in Test Valley. Explore 20 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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