An older style brick built mid-terrace. The property comprises three stories consisting of a ground floor retail shop and then on the first & second floor a three bedroom self-contained flat with rear access and parking.
Location
The premises are located on the busy High Street which is the main thoroughfare into Aldershot Town Centre. The main shopping centre is within walking distance, where retailers include Boots, Sports Direct, Wilkos, WHSmiths, and a good range of small retailers and café/restaurants. The location has been regenerating over recent years with work still ongoing due to the excellent access onto the A331 Blackwater Relief Road serving both Junction 4 of the M3 Motorway, and the A31Guildford to Farnham Dual Carriageway.
Accommodation
Approximate floor areas as follow:-
Shop Internal Width 10’ 5” (3.17)
Shop Total Depth 43’ 2” (13.15)
Shop Area 434 ft2 (40.32 m 2 )
First/Second Floor Flat 3 double bedrooms, lounge, kitchen/breakfast room, bathroom
Terms
REAR ACCESS
The property has rear access with parking for 2 cars, possibly 3 if double parked.
RATEABLE VALUES/RATES
Shop = £ 4,400 (Small Business Rates Qualification) First & Second Floor Flat = Council Tax Band C
FOR SALE
The freehold interest of the shop & flat is For Sale for a figure of “Offers in the Region of £300,000”. Alternatively, offers invited in the region of £21,000 per annum exclusive on the basis of a new commercial lease of the shop & flat. Terms of lease to be agreed subject to periodic rent review on a fully repairing and insuring basis. Alternatively, offers invited in the region of £10,000 per annum exclusive for the shop on its own on a new lease basis.
VAT
We understand from our client that VAT will not be chargeable on the sale or rent.
FLAT LETTING
The flat is currently let for 12 months on a AST from 17th December 2022 at a rent of £1,100 per month.
ENERGY PERFORMANCE CERTIFICATES (EPC)
Shop TBC
Flat - C71
LEGAL COSTS
Each party to pay their own legal costs in the matter.
Specification
- LOCATED ON A BUSY HIGH STREET IN ALDERSHOT
- RETAIL UNIT – FIRST & SECOND FLOOR 3 BEDROOM FLAT
- SHOP VACANT AND FLAT IS CURRENTLY LET
- A RARE FREEHOLD OPPORTUNITY MULTI INCOME POTENTIAL OR OWNER/OCCUPIER