4-5 Exchange Buildings Petersfield

2,872 Sq Ft
£1,200,000 Offers Over
  • Ref: 4-5 Exchange Buildings
  • Type: Commercial
  • Availability: For Sale
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Property Features

  • Prime Town Centre Location
  • Close to railway station
  • Area of high pedestrian traffic

Property Summary

A VERY RARE OPPORTUNITY TO ACQUIRE THE FREEHOLD INTEREST OF A SUBSTANTIAL BUILDING OF 2,872 SQ. FT. SITUATED IN THE PRIME RETAIL AREA OF PETERSFIELD

This building was constructed in 1866 as the town’s Corn Exchange. It is of exemplary construction associated with that period and has the benefit of a substantial potential retail area on the ground floor of approximately 900 sq. ft. with a modern glazed front and entrance doorway.

Petersfield is a thriving market town with a large number of attractive listed period buildings and a very extensive hinterland. These premises are situated in the centre of the High Street, almost opposite the Rams Walk development which has attracted a number of national retailers. This particular area has proved to be a magnet for pedestrian traffic.

LOCATION

Petersfield is a most attractive market town and appears to have suffered to only a relatively modest degree both in the financial crash of 2008 and the recent Covid-19 pandemic. This attribute is probably mainly due to the general economic wellbeing as well as the quality and facilities of the town itself.

The town is by-passed by the A3 which is dualled throughout its length from London to Portsmouth with easy connections to the M3, M27 etc. The historic centres of Winchester and Chichester are within easy driving distance and there are many facilities and sporting opportunities offered by the nearby South Downs National Park.

The town has a mainline rail station London/Waterloo approximately one hour duration with services at half hourly intervals.

ACCOMMODATION

The accommodation is arranged on three floors.

Ground Floor – approximately 900 sq. ft.
First Floor – presently used as a workshop, but very easily adaptable with minimum expense to a substantial two bedroom apartment which could be utilized by the occupier of the retail element or let to a third party.

There is a most useful basement area of 937 sq. ft. which appears to be completely dry.

SERVICES AVAILABLE

Mains Electricity, Gas, Water and Drainage.

There is a gas-fired central heating system.

Air conditioning system, presently unused.

RATEABLE VALUE

We are advised that the Rateable Value is £39,500 – further details from East Hampshire District Council.

TENURE

The premises are offered for freehold sale for offers exceeding £1.2 million.

VIEWING

Strictly by appointment with the sole agents, Tel. 01730 266657.


Whilst all the information in these particulars is believed to be correct neither the Agents nor their Clients guarantee its accuracy nor is it intended to form part of any contract.