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The Square - The Market Inn, Petersfield, HAM

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The Market Inn The Square

Petersfield, GU32 3HJ

Property type:Retail Sub type:Storefront Retail/Residential Status:Existing Year built:1900
Building size:1,504 sq ft
For sale price:£925,000 Price:£615.03 sq ft
Yield:7.15 %
Features:Storage Space

The property comprises a mixed use building of masonry construction arrange over three floors with retail space on the ground and basement and residential space on the first floor.

The property is located on The Square close to its junction with St Peters Road and High Street within a mixed commercial and residential area of Petersfield. Petersfield Railway Station is located close to the property.

Sale Notes:
The Ground and Basement floors are let to JOULES Ltd on a full repairing and insuring lease for 10 years from the 13th June 2013 at a current rental of £38,500 per annum. The tenant had a break option in June 2018 which was not implemented. The flats are both occupied on Assured Shorthold Tenancies. The one bedroom flat is let at £7,620 per annum and the two bedroom flat at £10,620 per annum. The total income is therefore £56,740 per annum.

Wadham & Isherwood
Peter Da Silva
01483 300176

Mark Isherwood

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