Atticus House The Windmills, Turk Street Alton Hampshire GU34 1EF

Atticus House
The Windmills, Turk Street
Alton
Hampshire
GU34 1EF

Freehold Office Investment

Let to tenants including Fox & Co Accountants
Approximately 3,086 sq ft with parking
Potential Change of Use to Residential (subject to leases and consents)
Close to Sainsbury’s and Marks & Spencer
VAT-free investment
Close to Alton town centre
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
47
Auction
13th October 2016
Rent
£40,000 per Annum Exclusive
Status
Sold
Price
£385,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Squafre
London W1H 7BG

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Freehold Office Investment

Let to tenants including Fox & Co Accountants
Approximately 3,086 sq ft with parking
Potential Change of Use to Residential (subject to leases and consents)
Close to Sainsbury’s and Marks & Spencer
VAT-free investment
Close to Alton town centre
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 47
Auction 13th October 2016
Rent £40,000 per Annum Exclusive
Status Sold
Price £385,000
Sector
Office
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Squafre
London W1H 7BG

Property Information

Location

Miles: 17 miles north-east of Winchester, 20 miles south-west of Guildford
Roads: A3, M3
Rail: Alton Railway Station
Air: London Heathrow Airport, Southampton Airport

Situation

The property is situated on the southern side of Turk Street, between its junctions with Maltings Close and St Mary's Close, a short walk from the town centre. Retailers represented in the town include Sainsbury's Supermarket, Marks & Spencer, Boots the Chemist, Pizza Express, Prezzo, Caffè Nero and branches of Nationwide, HSBC and NatWest banks.

Tenure

Freehold.

Location

Miles: 17 miles north-east of Winchester, 20 miles south-west of Guildford
Roads: A3, M3
Rail: Alton Railway Station
Air: London Heathrow Airport, Southampton Airport

Situation

Tenure

Freehold.

Description

The property comprises an office building with office accommodation at basement, ground, mezzanine, first and second floors. The property benefits from car parking for approximately 13 cars.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises an office building with office accommodation at basement, ground, mezzanine, first and second floors. The property benefits from car parking for approximately 13 cars.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Basement/Ground/ Mezzanine (plus 5 car park spaces)	Offices/ Ancillary	108.60 sq m	(1,169 sq ft)	ATTICUS HOLDINGS LIMITED t/a Financial Discounts Direct (1)	10 years from 25/12/2008 (2)	£15,500	(24/12/2018)
First (plus 5 car park spaces)	Offices/ Ancillary	107.12 sq m	(1,153 sq ft)	FOX & CO (ACCOUNTANTS) LIMITED (3)	10 years from 25/12/2008 (2)	£15,000	(24/12/2018)
Second (plus 3 car park spaces)	Offices/ Ancillary	70.95 sq m	(764 sq ft)	R. RAZACK t/a College of Contract Management United Kingdom	2 years from 08/08/2016	£9,500 (4)	(24/12/2018)
Totals		286.67 sq m	(3,086 sq ft)			£40,000

(1) Atticus Holdings Limited (trading as Financial Discounts Direct Limited) provide a discount dealing and information service to private investors who wish to make their own investment choices and purchase financial products on favourable terms. The business has grown rapidly and is now one of the leading discount brokers in the UK with over £400,000,000 invested on behalf of more than 35,000 clients (Source: www.financialdiscounts.com 12/09/2016).
(2) These leases are contracted outside of the Security of Tenure provisions of the Landlord & Tenant Act 1954.
(3) Fox & Co was incorporated in 2005 following the merger of two practices which had been established in the Alton and Basingstoke area since 1989 (Source: www.foxco.co.uk 12/09/2016).
(4) This rent is inclusive of service charge and building insurance.