Bank House
High Street, Hartley Wintney, RG27 8NZ
| Property Type | Investments / Retail |
| Tenure | For Sale |
| Size | 1,073 sq ft |
| Price | Offers in the region of £695,000 Upon application |
| Business Rates | To be assessed |
| Energy Performance Rating | Upon enquiry |
Class E / retail investment opportunity in prominent Hartley Wintney location
Key Points
- Prominent, central location in High St, Hartley Wintney
- Refurbished Class E / retail units currently leased on 15 year leases
- Character building
- Public car park immediately at rear, with on street parking at front
- Investment opportunity
Description
Bank House is prominently located on the High Street in Hartley Wintney, immediately opposite the pedestrian crossing, and adjacent to Costa Coffee.
The building has been recently extensively modernised and converted, resultant in the leasing of both units to a deli / coffee bar, and is now currently fitted out and trading.
The main public car park lies immediately to the rear of the building, and there is free, time-restricted car parking along High Street.
Available area
The accommodation comprises the following areas:
| Name | Building Type | sq ft | sq m | Availability |
|---|---|---|---|---|
| Unit - Unit A | Investment | 543 | 50.45 | Let |
| Unit - Unit B | Investment | 530 | 49.24 | Let |
| Total | 1,073 | 99.69 |
lease
Units A & B are held under 2 new lease to Valentino's Salumeria Ltd for a term of 15 years. Unit A is leased at £23,000 per annum rising to £25,000 per annum from June 2026 and Unit B is leased at £23,500 per annum. Both leases include 5 yearly rent reviews, and a tenant break clause after 5 years.
Total rental income £48,500 per annum.
price
For sale by way of new 125 year ground lease. Offers invited in the region of £695,000 (plus VAT).
legal fees
Each party to meet its own legal costs incurred in the transaction.
epc
To be confirmed.
