Investment for sale - 34D & 34E High Street Alton, Alton

A prominent town centre mixed-use freehold investment comprising a double fronted convenience store let to The Southern Co-operative Limited (ground floor units known as 34D & 34E) together with two self-contained three-bedroom maisonettes above (known as 32D & 32E) arranged over the first and second floors. The property is fully let on co-terminus leases with an overriding lease structure across the entire building, producing a total income of £75,000 per annum. The lease is for a term of 15 years from 2016 expiring December 2031, with no tenant break options. The commercial unit benefits from both front and rear access, whilst the residential accommodation can also be accessed from the front (street access) and rear. The configuration of the property offers future asset management potential, including the ability to separate the residential accommodation and enhance income (subject to necessary consents).