5 The Square

Available
Price: Offers in the region of £750,000
Rent: £85,000 per annum

Contact

Stuart Mitchell

Stuart Mitchell

Tel: 023 9237 7800

Email: stuart@hi-m.co.uk

Key Features

Description

The property comprises a part three, part two storey Grade II Listed building constructed of traditional brick under a pitched slate covered roof. The property is laid out to provide a ground floor banking hall with associated offices and strong room. The first and second floors are set out as individual offices and staff areas with access by either of two wooden staircases. A separate access door from The Square has enabled the upper parts to be sub-let in the past. The property also benefits from a small rear car parking area accessed via Park Road and Central Car Park.

Location

Petersfield is an attractive market town in Hampshire with an affluent population, situated at the junction of the A3 and A272. The town benefits from excellent road communications with 3 junctions on the A3 providing access to the M25 (34 miles) to the north and Portsmouth and the M27 (18 miles) to the south. The town is served by a direct rail link to London in 1 hour 5 mins, which also serves Portsmouth and other south coast locations. Southampton Airport is just 27 miles to the southwest. The property is situated on the northern side of The Square at the western end of the High Street, forming part of the main retailing offering of Petersfield. Nearby occupiers include Specsavers, HSBC, Nationwide Building Society, Crew Clothing, Fat Face and Cafe Nero. The Square is home to Petersfield Market which operates every Wednesday and Saturday with a variety of stalls located opposite the property. A number of car parks are located close to the property, including the 320 space Central Car Park which is a 3 min walk away.

Terms

The freehold is available at offers in the region of £750,000 with vacant possession. A new FRI lease of the whole property is available for a term to be agreed at a guide rent of £85,000 pa

Business Rates

Rateable Value £63,750 pa (Rateable Value from 1st April 2026 – £66,000 pa) You are advised to make your own enquiries in this regard.

Other Costs

Each party to be responsible for their own legal costs. VAT is not applicable.

Available Area

Name Sq Ft Sq M Rent Availability
G - Banking Hall / Retail3,587-On ApplicationAvailable
G - Strong Room263-On ApplicationAvailable
G - Ancillary382-On ApplicationAvailable
1st - Office / Staff1,675-On ApplicationAvailable
2nd - Offices540-On ApplicationAvailable

Enquire Now

You can contact one of our agents by phone, email, or complete the form below.