The property comprises a three storey, character, terraced building of traditional construction under a pitched roof with accommodation arranged over ground and two upper floors.
The upper floors are totally self-contained with their own private entrance direct from the street.
Location
The property is situated on the west side of Downing Street close to its junction with West Street and The Borough. Nearby occupiers include Crew Clothing, Fat Face with Boots just around the corner. Within the town there are a number of household name multiple retailers complimented by a range of independents, including pubs, restaurants and cafes.
From the town there is easy access to the A31 by pass, which connects to the A3 and A331 with the national motorway network beyond. The towns mainline station provides a fast and regular service to London Waterloo.
Accommodation
Ground Floor Retail/Office - 50.75 SQ M (546 SQ FT)
First Floor - 44.31 SQ M (546 SQ FT)
Second Floor - 34.37 SQ M (370 SQ FT)
Terms
PRICE: Offers in the region of £650,000 Freehold. The property is not currently elected for VAT.
TENANCIES: The Ground Floor is currently let to Bourne Estate Agents Ltd by way of a Lease for a Term of ten years from 1 November 2013 at the passing rent of £28,000 per annum exclusive. The Lease is contracted outside the security of tenure and compensation provisions of the Landlord and Tenant Act.
The First and Second Floors are to be sold with vacant possession.
EPC: 29 Downing Street C 61; 30 Downing Street D 97
PLANNING: Ground Floor currently A1/A2 use. Upper Floors currently B1 use. All will fall within new Class E from 1 September 2020 broadening potential for uppers to be used for former D1 Clinics and D2 Leisure uses etc and other uses under Permitted Development.
Specification
- Income Producing Ground Floor
- Vacant Upper Floors with Scope for Alternative Uses