LOCATION: The property is situated on the west side of Downing Street close to
its junction with West Street and The Borough. Nearby occupiers
include Crew Clothing, Fat Face with Boots just around the corner
Within the town there are a number of household name multiple
retailers complimented by a range of independents, including pubs,
restaurants and cafes.
From the town there is easy access to the A31 by pass which
connects to the A3 and A331 with the national motorway network
beyond. The towns mainline station provides a fast and regular
service to London Waterloo.
DESCRIPTION: The property comprises a three storey, character, terraced building of
traditional construction under a pitched roof with accommodation
arranged over ground and two upper floors.
The upper floors are totally self-contained with their own private
entrance direct from the street. The approximate net internal floor
areas:
Ground Floor Retail/Office 50.75 SQ M (546 SQ FT)
First Floor 44.31 SQ M (546 SQ FT)
Second Floor 34.37 SQ M (370 SQ FT)
78.68 SQ M (936 SQ FT)
AMENITIES: * Income Producing Ground Floor
• Vacant Upper Floors with Scope for Alternative Uses
PRICE: £750,000 Freehold. The property is not currently elected for VAT
TENANCIES: The Ground Floor is currently let to Bourne Estate Agents Ltd by way
of a Lease for a Term of ten years from 1 November 2013 at the
passing rent of £28,000 per annum exclusive. The Lease is
contracted outside the security of tenure and compensation provisions
of the Landlord and Tenant Act.
The First and Second Floors are to be sold with vacant possession.
EPC: 29 Downing Street C 61
30 Downing Street D 97
PLANNING: Ground Floor currently A1/A2 use
Upper Floors currently B1 use
All will fall within new Class E from 1 September 2020 broadening
potential for uppers to be used for former D1 Clinics and D2 Leisure
uses etc and other uses under Permitted Development.