Chantry Street, Andover

£325,000

Guide price

  • Bedrooms: 2
A very attractive Grade II listed building including a ground floor Commercial area and separate Two bedroom apartment above.

Retail / Offices - 100.00 Sq. m (1076.70 sq. ft)

Shop Front Area, Store, Two Office areas, Kitchen, Cloakroom & Cellar

Residential Accommodation - 85.10 Sq. m (916.50 sq. ft)

2 bedrooms, 1 bathroom, Living room, Kitchen & off road parking for one car.

SITUATION

The property is situated at the top end of the busy High Street. The property can be found along Chantry street which is a short distance from the main shopping centre which includes a Waitrose. There is a public car park opposite with other car parks within a five minute walk from the premises.

DESCRIPTION -

17 & 17a Chantry Street is a Grade II listed building offering a retail unit on the ground floor and residential flat on the first floor. Exposed brick work and character beams are seen throughout the property. There is also a large cellar space.

ACCOMMODATION

Ground Floor Retail Space 100.00 Sq. m (1076.70 sq. ft)

First Floor Residential Flat 85.10 Sq. m (916.50 sq. ft)

The flat is approached through a side gate to the right of the shop front. This leads to the gravel car park suitable for one car. The parking space can be accessed when you take the first left after passing the property.

The exterior porch leads into a small entrance hall. Stairs lead to the first floor flat. The family bathroom and bedroom are situated at the top of the landing. There is a large living and dining area. There is a generous main bedroom and a good size kitchen with integrated cooker and space for washing appliances.

The Ground Floor is currently used as a Barber Shop. There is a large shop front for the barbers. There is storage as well as further wash basins within what is shown as the office area. Towards the rear is a kitchen, smaller offer and cloakroom.

Retail / Office Area -4.60m x 6.87m (15 1 x 22 6 )

Store - 1.93m x 2.37m (6 4 x 7 9 )

Office Area - 4.11m x 4.74m (13 6 x 15 7 )

Office - 2.41m x 2.82m (7 11 x 9 3 )

*Kitchen Cloakroom & Cellar spaces are in addition to the above approximate measurements.

LEASES - INVESTMENT SALE

The property is let subject to the existing Leases.

1. The commercial Lease is let to the Classic Barbour Shop at a rent of £11,000 pa exclusive of rates. A lease extension has been agreed between the parties extending the Lease for a further 10 year period from 1st April 2021. There is a rent review at the end of the 5th year and on 1st April 2028. Please note the Lease does not contain any break clauses.

2. The residential accommodation is with Vacant Possession.

*Details of both Leases are available upon request.

Business Rates

Jan Dec 2021 - £2370.25

Council Tax -

Band D - £1170

VAT

We are advised the property is not subject to VAT .

Arrange viewing 01722 238120

Myddelton & Major

49 High Street, Salisbury

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