Mixed Use High Street Property
An opportunity to develop and/or extend a mixed use property on Andover’s high street, STP
Interactive Map
Belvoir Estate Agents have been asked to present the freehold of this prime location mixed use property to our trusted developers.
We are looking for a developer to survey the site and get an understanding of what could be achieved with a possible development (STP).
The property itself is arranged over 3 floors, and is Let to the jewelry chain H Samuel (part of Signet Group – see below for more info) on a full repairing lease at £25k pa.
The 3rd floor is arranged as a 2 bedroom flat, but is not presently occupied. There is vehicular access to the rear via the Black Swan Car Park with 6 spaces. Both neighbouring properties have been substantially extended to the rear.
Ground floor; High street entrance into split level office leading to back office with rear entrance and stairs from hallway to the 1st floor.
First floor; landing, staffroom, back reception room/lounge, stairs leading to 2nd floor off the hallway.
Second floor, Landing, family bathroom, two bedrooms and lounge
About Signet Group Ltd
*For the year ending 28th January 2012, Signet Group Limited reported pre-tax profits of £298,631,000 and a total net worth of £1,498,898,000 (Source: http://www.riskdisk.com 08/01/2013). Signet is the largest specialty retail jeweller by sales in the US and UK.
Signet’s US division operates 1,318 stores in all 50 states and the UK division operates 535 stores (as at 28/01/2012). Based on publicly filed accounts, Signet’s UK division was the largest specialty retailer of fine jewellery in the UK with sales in calendar 2010 almost twice those of the next biggest such retailer (Source: http://www.signetjewelers.com 08/01/2013).