Savills · 21 Oct 2026 · in 2 days
Freehold Vacant Industrial Opportunity
12 Mill Lane Industrial Estate, Caker Stream Road, Alton, GU34 2QA · South East
LiveIndustrialFreeholdVacant
- Guide
- £350,000
- Rent a year
- ≈£27,300est.
- Yield on the guide
- ≈7.8%est.
- Payback
- ≈13 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
- Size
- 4,376 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
C from the government EPC register, lodged 15 Apr 2026 (certificate 8400-8149-1945-7126-2219). 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 industrial lot in Alton. Offered vacant, so there's no income from day one.
Freehold Vacant Industrial Opportunity with Evident Asset Management Potential Warehouse Unit with Associated Offices of 4,376 sq ft (406.54 sq m) plus a front yard - Asset Management Potential Via Letting Offered with Full Vacant Possession. Freehold Vacant Industrial Opportunity. Warehouse Unit with Associated Offices and Yard. 4,376 sq ft (406.54 sq m). Minimum Eaves Height of 5m. Includes three Phase Power and Full Height Loading Door. Evident Asset Management Potential Via Letting. ERV of £56,000 based on Nearby Lettings. Offered with Full Vacant Possession. ERV Reflects 16% Gross Yield on Guide Price. The property comprises a vacant freehold industrial opportunity with evident asset management potential. Arranged as a warehouse unit with associated offices and yard, the property is offered with vacant possession and offers evident asset management potential via letting, with an Estimated Rental Value (ERV) in the order of £56,000 per annum (£13 per sq ft). We consider the property is suitable for a variety of occupiers with a front yard, full height loading door, 5m minimum eaves height and three phase power. The property is accessed via a front yard off Caker Stream Road and sits within an established industrial location within Alton, with the surrounding area comprising other industrial uses including trade counter, open storage, distribution, workshops and retail warehousing. Nearby occupiers include Toolstation, Fedex and Howdens. The property is less than 0.3 miles from Alton train station and within 0.5 miles of the A31, a major arterial route linking the A3 and M3 motorways. Tenure: Freehold
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.