5 The Square
Petersfield, GU32 3HLThe Space
Grade II Listed Former Banking Hall & Offices
At a glance
| Property Type | Office / Retail |
| Tenure | To Let / For Sale |
| Size | 6,447 sq ft |
| Price | Offers in the region of £750,000 |
| Rent | £85,000 per annum |
| Business Rates | £35,242.50 per annum |
| Energy Performance Rating | This property has been graded as C (68) |
Petersfield
4 mins
Liss
64 mins
Liphook
146 mins
Rowlands Castle
151 mins
Reading
607 mins
Twyford
632 mins
Tadworth
701 mins
Chessington South
707 mins
Key Points
- Period Property in Central Petersfield Location
- Substantial Ground Floor Area
- Upper Parts with Separate Access
- Rear Car Park / Yard
- Former Bank Premises
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.
Available area
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Ground - Banking Hall / Retail | 3,587 | 333.24 | Available |
| Ground - Strong Room | 263 | 24.43 | Available |
| Ground - Ancillary | 382 | 35.49 | Available |
| 1st - Office / Staff | 1,675 | 155.61 | Available |
| 2nd - Offices | 540 | 50.17 | Available |
| Total | 6,447 | 598.94 |
The 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.
