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Land for sale
London Street, Andover, Hampshire, SP10
£900,000
London Street, Andover, Hampshire, SP10
£900,000
Price History
Initial price | £1,000,000 |
25/09/24 | £900,000 |
Price Change | -10.00% |
Description
The property, 7-21 London Street, Andover, is a fully-let mixed-use commercial development with a total internal area of 5,478 sq ft. The ground floor is occupied by various businesses, including a café, estate agents, beauty salon, and a holding over for a Country Cousins unit. The upper floors have been converted into three residential dwellings, with a Certificate of Lawfulness confirming the planning permission has been implemented. The property is available for sale freehold, with a guide price of £900,000, reflecting a low capital value of £164 psf and a gross yield of 7.3%. The sale includes existing commercial leases and implemented planning consent, subject to contract and exclusive of VAT.