Investment Opportunity – 1 Lavant Street, Petersfield, GU32 3EL
Prime mixed-use investment opportunity in the heart of Petersfield. 1 Lavant Street comprises a well-maintained three-storey building with two established tenants and a combined rental income of £33,500 per annum.
The total Net Internal Area (NIA) is approximately 189.08 m² (2,035 ft²), with the ground floor measuring 85.75 m² (923 ft²), the first floor 52.58 m² (565 ft²), and the second floor 50.75 m² (546 ft²).
The ground floor is let to Snappy Snap Franchises Ltd on a 10-year lease commencing 1st April 2025, generating a rent of £16,500 per annum. The first and second floors are let to J K Dental Surgeries Holding Co Ltd on a 15-year lease from November 2016, producing a further £17,000 per annum.
This fully let investment is situated in a prominent location on Lavant Street, close to Petersfield’s amenities and transport links. With strong covenants in place and a net initial yield of 5.6%, this is a compelling opportunity for investors seeking a stable and well-located asset.