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    Key features

    • To be offered on Wednesday 22 April
    • Freehold
    • Centrally located in Andover's primary retailing and leisure destination
    • Mixed-use property comprising 5,439 sq ft (505.3 sqm) arranged over Ground, First and Second Floors
    • Asset management potential through re-letting of property and/or change of use, subject to requisite consents
    • The property is elected for VAT
    • Low capital value of £45.05 per sq ft
    • Vacant

    Description

    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.

    Additional information

    Tenure

    Freehold

    Accommodation

    Ground Floor 2,562 sq ft (238.0 sqm)

    First Floor 1,511 sq ft (140.4 sqm)

    Second Floor Retail 733 sq ft (68.1 sqm)

    Second Floor Flat 633 sqft (58.8 sqm)


    Total 5,439 sq ft (505.3 sqm)

    Tenancy

    Offered Vacant

    Planning

    There is a planning permission granted 13/06/2024 for a proposed change of use from commercial, business and service (Use Class E) to convert first and second floor to 4 residential flats (Use Class C3).


    Application No: 24/01357/PDMAN

    Notes

    Please note the approximate areas have been provided by the VOA/Vendor/EPC and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

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      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Location

      The property is prominently positioned on Andover’s High Street, benefiting from strong footfall and excellent visibility within the town centre. It sits close to key pedestrian routes, offering convenient access to nearby public transport and town‑centre amenities.

      Nearby Occupiers Include: Costa, Superdrug, Caffe Nero, Nationwide and HSBC

      Transport

      Andover Railway Station is located approximately a 10‑minute walk (South Western Railway)

      Andover Bus Station s located approximately a 5‑minute walk offering extensive local and regional routes to surrounding towns and villages such as Salisbury, Tidworth, Basingstoke, Winchester and Marlborough.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums