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38-40 High St 5,541 SF 19% Leased Retail Building Andover SP10 1NF $339,826 ($61.33/SF)
Investment Highlights
- Freehold.
- arranged over Ground, First and Second Floors.
- Asset management potential through re-letting of property.
- The property is elected for VAT.
- Vacant.
- Centrally located in Andover's primary retailing and leisure destination.
- Mixed-use property comprising 5,439 sq ft (505.3 sqm).
- Potential for change of use, subject to requisite consents.
- Low capital value of £45.05 per sq ft.
Executive Summary
Lot 304 is available by way of Savills Online Auction 22nd April 2026
The property comprises 5,439 sq ft of mixed use accommodation arranged over ground, first and second floors. The retail unit is 4,606 sq ft over three levels and benefits from a substantial frontage onto Andover's main retailing street. From a retailer's perspective the property benefits significantly from its rear access. There is a vacant 1-bed flat on the second floor of the property benefitting from discrete access to the rear of the building.
The property comprises 5,439 sq ft of mixed use accommodation arranged over ground, first and second floors. The retail unit is 4,606 sq ft over three levels and benefits from a substantial frontage onto Andover's main retailing street. From a retailer's perspective the property benefits significantly from its rear access. There is a vacant 1-bed flat on the second floor of the property benefitting from discrete access to the rear of the building.
Property Facts Under Contract
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
5,541 SF
Building Class
B
Year Built
1912
Price
$339,826
Price Per SF
$61.33
Percent Leased
19%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.91
Lot Size
0.14 AC
Frontage
29’ on High Street
Amenities
- 24 Hour Access
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Gat Investments
- -
- 5,029 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Gat Investments | - | 5,029 SF | - | - |
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Nearby Major Retailers
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38-40 High St
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