Church Road, Aldershot, GU11 3PR

Key Points

Summary

Lock Up Shop With Ground Rent Income
Prominent location
Good Local Covenant
23.69 sq m / 255 sq ft
The property comprises a lock up shop with 2 flats above. The flats have been sold off on long leases and each pay a ground rent of £XXX per annum. The shop is currently let as a hairdresser with a lease expiry in 2021. Subject to market conditions it is believed that there is scope for a rent increase on renewal. Due to the size of the retail unit it is not considered suitable for a permitted development application.

Legal Costs

Each party to bear their own legal costs incurred in the transaction.

Viewing

Strictly by appointment with the sole agents

Rent/Price

£XXX p.a. / £XXX

Location

53 Church Road is at the southern end of Church Road where it meets Lower Farnham Road. Being surrounded by mainly residential properties and located as the last retail unit on the corner parade which includes McColl’s, Co-Op, Londis and The Heron Barbers. Located 1.4 Miles (7 min drive) from Aldershot train station which provides services between London Waterloo and Alton. As well as this there is ease of access to the A331 (0.9 miles) and A31 (2 miles) providing road routes to the A3 and M3 connecting London with Southampton and Portsmouth.