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Floorplan
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    Key features

    • A freehold mid terrace property comprising of commercial unit on the ground floor & flat in the upper floors (sold off on a long lease)
    • Commercial unit an approx. 1,140 sq ft
    • Commercial unit is let on a new 7 year lease from July 2026 (no tenant break options)
    • Upwards only rent review in July 2031
    • Rent deposit held on account & personal guarantees on the commercial lease
    • The unit has been fitted out to a high specification
    • 8 week completion available
    • Investment let at £15,600 p.a. (11.14% GIY on guide price)

    Description

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    A freehold mixed-use investment comprising a ground floor commercial unit extending to approximately 1,140 sq ft, with the upper floors sold off on a long lease.

    The commercial unit has been fitted out to a high specification and also has the benefit of rear access and a rear yard.

    Prominently located on Alton High Street amongst a mix of national and established local retailers, benefiting from strong town centre footfall.

    Additional information

    Tenure

    Freehold

    Upper floor flat sold off on a long lease 999 years from 2021 on a peppercorn ground rent.

    Accommodation

    Please refer to the floor plan.

    Commercial unit an approx. 1,140 sq ft

    Tenancy

    34A High Street

    • Let to Fat Pizza Ltd (Trading as Fat pizza)
    • Let on a 7 year lease from July 2026 (No tenant break options)
    • Upwards only open market rent review in July 2031
    • Rent deposit of £9,360 held on account
    • Personal guarantees provided for the lease
    • Investment let at £15,600 p.a.

    Rent

    £15,600 p.a.

    Notes

    Please note the site areas provided are approximate. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.

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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

      The property occupies a prominent position on High Street in the centre of Alton, an attractive and affluent Hampshire market town. Alton benefits from a strong mix of national and independent retailers, cafés and restaurants, serving a wide catchment area across East Hampshire and the South Downs National Park. The town is approximately 17 miles south-west of Guildford and 28 miles north-east of Winchester.

      Transport

      Alton railway station is approximately 0.5 miles away, providing regular South Western Railway services to London Waterloo. The town also benefits from excellent road links via the A31, connecting to Guildford, Winchester and the wider motorway network.

      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.

      •Some properties might be open to offers prior to auction. Exchange will take place, subject to contract and no higher offers, on auction terms and as per the legal pack. Please contact the auctioneer with your best and final offer, their details can be found on each lot page.

      •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.

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