1 bedroom Commercial Property Sold STC

Belvoir Commercial brings to the market a JV opportunity on this 3 story town centre, high street property.

Potential to convert upper floors and rear to residential (Subject to Planning). Neighbouring properties already converted.

Approx. 1414sq ft across 1st and 2nd floors

The owner is looking to partner with a developer on this project.

For more information, please contact our Andover office.

Andover

Picturesque market town located in the affluent Test Valley area of Hampshire

£2.9m has been invested to extend and refurbish the bus station

Further improvements underway to the town and community as part of the Andover Vision 20 year plan

Strategic location adjacent to A303 and within easy reach of the M3 & M4

Various car parks close by including a multi storey

Andover has a number of core brands on the High Street that include Ernest Jones, Costa Coffee, Poundland, Boots, Argos, TK Maxx etc.

Strong annual footfall of circa 7 million

Catchment ; there is an affluent shopper catchment of approx 150,000 people drawing from the surrounding wealthy villages including Stockbridge and The Wallops

Growing population ; there is substantial housing expansion underway with an additional 8250 dwellings to be built by 2029 with 6516 of those earmarked for Andover. There are recent communications and existing commitments at Picket Twenty & Augusta Park.

Low unemployment; the town benefits from very low unemployment compared to the national average.

Loyal customers ; people living in the core catchment area visit the town centre more than 70 times a year (rct 2010) EPC rating: E. Council tax band: X,