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10 Bridge St 904 SF Retail Building Andover SP10 1BH $566,267 ($626.40/SF)
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
Storefront Retail/Residential
Building Size
904 SF
Building Class
B
Year Built
1909
Price
$566,267
Price Per SF
$626.40
Tenancy
Single
Building Height
2 Stories
Building FAR
0.53
Lot Size
0.04 AC
Frontage
16’ on Bridge Street
1 1
NEARBY MAJOR RETAILERS
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10 Bridge St
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