• Investment

Millbank House, Hartley Wintney

RG27 8PE

Size 1,607 sq ft

Rent £650,000

High Street retail investment opportunity

  • Rare investment opportunity
  • 2 x tenanted shops
  • Prominent High Street location
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Millbank House is located on London Road, close to the central trading location in Hartley Wintney, and the village green. n
The village centre facilities are within a very short walk, that include a Post Office, Tesco convenience store, Costa Coffee, butchers, baker and a range of local retailers, with pub and restaurants. n
Both of the retail units have longstanding tenants who have been in occupation for many years. n
Shop 1 is leased to Odiham Cottage Hospital (as a charity shop) at a current rent of u00a322,378 per annum until 24 December 2031, with annual RPI increases. The unit has 2 private parking spaces at the rear, and has a rateable value of u00a314,250 per annum.

Shop 2 is let to Mackenzie Smith Estate Agent at a rent of u00a323,448 per annum until 31 October 2029, with RPI annual increases. Similarly, this unit has 2 parking spaces at the rear, and a rateable value of u00a314,500 per annum. n
The various first floor residential flats are all sold on long groundhold leases. The flats have allocated parking spaces in the rear car park, at the rear of which is an additional garden area. n
Millbank House is a character building, presented in good condition externally, offering an opportunity to acquire a freehold investment with secure income from long established tenants in occupation, thus providing a secure and easily managed investment opportunity.
Property type Investment
Size 1,607 sq ft
Tenure For Sale
Rent £650,000
Business rates See overleaf
Energy performance rating This property has been graded as C/52
Promo Rare Investment Opportunity

The accommodation comprises the following areas:

Name Size Size – SQ FT Availability
Ground - Shop 1 - Odiham Cottage Hospital Charity Shop 1,039 sq ft 1,039 Available
Ground - Shop 2 - Mackenzie Smith Estate Agent 568 sq ft 568 Available

Freehold Millbank House, Hartley WIntney.pdf

Freehold Millbank House, Hartley WIntney.pdf

2a496868939b4b845be5926badc4dcc1.pdf

Millbank House is located on London Road, close to the central trading location in Hartley Wintney, and the village green. n
The village centre facilities are within a very short walk, that include a Post Office, Tesco convenience store, Costa Coffee, butchers, baker and a range of local retailers, with pub and restaurants. n
Both of the retail units have longstanding tenants who have been in occupation for many years. n
Shop 1 is leased to Odiham Cottage Hospital (as a charity shop) at a current rent of u00a322,378 per annum until 24 December 2031, with annual RPI increases. The unit has 2 private parking spaces at the rear, and has a rateable value of u00a314,250 per annum.

Shop 2 is let to Mackenzie Smith Estate Agent at a rent of u00a323,448 per annum until 31 October 2029, with RPI annual increases. Similarly, this unit has 2 parking spaces at the rear, and a rateable value of u00a314,500 per annum. n
The various first floor residential flats are all sold on long groundhold leases. The flats have allocated parking spaces in the rear car park, at the rear of which is an additional garden area. n
Millbank House is a character building, presented in good condition externally, offering an opportunity to acquire a freehold investment with secure income from long established tenants in occupation, thus providing a secure and easily managed investment opportunity.
Property type Investment
Size 1,607 sq ft
Tenure For Sale
Rent £650,000
Business rates See overleaf
Energy performance rating This property has been graded as C/52
Promo Rare Investment Opportunity

The accommodation comprises the following areas:

Name Size Size – SQ FT Availability
Ground - Shop 1 - Odiham Cottage Hospital Charity Shop 1,039 sq ft 1,039 Available
Ground - Shop 2 - Mackenzie Smith Estate Agent 568 sq ft 568 Available

Freehold Millbank House, Hartley WIntney.pdf

Freehold Millbank House, Hartley WIntney.pdf

2a496868939b4b845be5926badc4dcc1.pdf

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