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Investment for sale in Alresford

Bay Tree House, 26 West Street, Alresford, Hampshire
For sale
£495,000
AUCTION PROPERTY
clive-emson-auctioneers
This property is marketed by:
Clive Emson Auctioneers
Situated in the popular market town of Alresford, this four storey building offers the advantage of commercial income and scope and potential for further development on the upper floors. With accommodation set over four floors, the basement and ground floor levels are let under the terms of a commercial lease to a long established and well known opticians business.

The upper two floors are vacant at present and offer scope and potential for use either in a commercial guise or perhaps for conversion into residential units, subject to all necessary consents being obtainable. There is additional access to the building from the rear with scope for yet a further access point via the garden which extends to the back of the property and which leads to a parking area, garden and upper floors excluded from the Commercial Tenancy.

Basement
Range of examination rooms/storage.

Ground Floor
L-shaped main commercial space to examination room, staff amenity area, cloakroom with W.C and inner hallway with access to the rear/side of the building.

First Floor
Landing, kitchenette, cloakroom with W.C and five further rooms.

Second Floor
Two further rooms.

Outside
Garden and parking to the rear.

Local Planning Authority
Winchester City Council. Website: winchester.gov.uk. Tel: 01962 840222.

Tenancy
The basement and ground floors are let under the terms of a 10-year Commercial Lease from November 2024 at a current rental of 30,000 per annum.

EPC Rating
To be confirmed.

Freehold with Part Vacant Possession

Commercial EPC: TBC


Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/

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