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Retail property (high street)

Let agreed
Retail property (high street)
641 sq ft / 60 sq m
Added > 14 days

Features and description

  • To Let Class E retail unit
  • Rent £12,000 plus VAT per annum exclusive
  • 100% Small Business Rates Relief
  • 641.5 Sq. Ft. / 59.6 Sq. M. (NIA) over ground floor and basement levels
  • Prominent corner unit on main road into Alton town centre
  • Formerly a dance studio and hairdressing salon
  • Twin aspect glazed frontage
  • WC plus kitchenette
  • Electric radiators (no gas)
  • Recent new roof on property
23 Normandy Street comprises a prominent and highly visible dual aspect commercial unit, most recently having been a dance studio and previously a popular and successful hair-dressing salon. The property comprises an open-plan ground floor retail space along with WC, as well as a good-sized basement store with kitchenette. The unit benefits from laminate flooring, recessed strip and spot lighting, significant street frontage with large windows (ideal for branding), electric storage heaters, intruder and fire alarm.

We believe that the space could suit a variety of occupiers within Class E of the Town and Country Use Classes Order 2020, however please note that any businesses requiring commercial kitchen extraction (such as takeaways) are not permitted.

ACCOMMODATION
Relying upon information provided by the Valuation Office Agency () we can advise a Net Internal Area of 641.5 Sq. Ft. (59.6 Sq. M.), comprising 461.7 Sq. Ft. (42.8 Sq M) of ground floor retail space and the remainder as ancillary.

TENURE
The property is available by way of a brand new fully repairing and insuring lease on terms to be agreed, at a commencing rental of £12,000 plus VAT per annum and exclusive of utility bills, business rates (if applicable), service charge and building insurance.

RATEABLE VALUE
Online enquiry via indicates a rateable value of £7,600, effective from 1st April 2023, suggesting 100% small business rates relief may be available to eligible businesses. For further information please contact the relevant Local Authority.

LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in this transaction. We understand that the property is elected for VAT.

EPC RATING
A new assessment is being commissioned.

VIEWINGS
All enquiries and appointments to view must be made via sole agent Trinity Rose Commercial on[use Contact Agent Button].

The property is located at the junction of Normandy Street and Nether Street, just within the High Street/Normandy Street conservation area, and within minutes of the main retail parade in Alton town centre. It is well-positioned to benefit from the recent McCarthy Stone development of the old police station along with the ongoing residential redevelopment of the nearby Molson Coors Brewery by CALA Homes (Rivermead Gardens), which will see 220 new homes, a care home and separate assisted living facilities. Alton benefits from a wide range of shopping facilities and excellent road links with the A31 providing easy access to Farnham (9 miles), Winchester (16 miles) and Guildford (20 miles). Alton has a mainline railway station with connections to London Waterloo via Woking.

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