Savills · 21 Oct 2026 · in 2 days
A freehold mid terrace property comprising of commercial unit on the ground floor & flat in the upper floors (sold off on a long lease)
34A High Street, Alton, Hampshire GU34 1BD · South East
LiveMixed-useFreeholdLet
- Guide
- £135,000
- Rent a year
- £15,600
- Yield on the guide
- 11.6%
- Payback
- 8.6 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- B
- Size
- 1,140 sq ft£13.68 rent per sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
B from the government EPC register, lodged 5 Feb 2025 (certificate 6445-1880-9817-7727-5987). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Savills' record
Savills' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold mixed use lot in Alton. Producing £15,600 a year, a 11.6% gross yield at the guide.
A freehold mid terrace property comprising of commercial unit at ground floor and a flat in the upper floors (sold off on a long lease). The commercial unit is let on a new 7 year lease from July 2026. Investment let at £15,600 p.a. A freehold mid terrace property comprising of commercial unit on the ground floor & flat in the upper floors (sold off on a long lease). Commercial unit an approx. 1,140 sq ft. Commercial unit is let on a new 7 year lease from July 2026 (no tenant break options). Upwards only rent review in July 2031. Rent deposit held on account & personal guarantees on the commercial lease. The unit has been fitted out to a high specification. 8 week completion available. Investment let at £15,600 p.a. (11.55% GIY on guide price). Click here for virtual tour A freehold mixed-use investment comprising a ground floor commercial unit extending to approximately 1,140 sq ft, with the upper floors sold off on a long lease. The commercial unit has been fitted out to a high specification and also has the benefit of rear access and a rear yard. Prominently located on Alton High Street amongst a mix of national and established local retailers, benefiting from strong town centre footfall. Tenancy: 34A High Street Let to Fat Pizza Ltd (Trading as Fat pizza) Let on a 7 year lease from July 2026 (No tenant break options) Upwards only open market rent review in July 2031 Rent deposit of £9,360 held on account Personal guarantees provided for the lease Investment let at £15,600 p.a. Tenure: Freehold Upper floor flat sold off on a long lease 999 years from 2021 on a peppercorn ground rent. The property occupies a prominent position on High Street in the centre of Alton, an attractive and affluent Hampshire market town. Alton benefits from a strong mix of national and independent retailers, cafés and restaurants, serving a wide catchment area across East Hampshire and the South Downs National Park. The town is approximately 17 miles south-west of Guildford and 28 miles north-east of Winchester.
Figures come from Savills' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.