Retail Investment In Prime Location, 8 - 10 Wellington Street, Aldershot, GU11 1DZ
5,403 Sq Ft / Retail / Investment
For Sale
- £1,800,000.00
Available - Last updated: 17 October 2023
Commercial investment opportunity.
The property is let to Cashino by way of a lease assignment for a term until November 2025. The current passing rent is £130,000 per annum.
The parent company of Cashino is Merkur Holdings UK Limited. The group operates a number of venues throughout the UK with 180 adult gaming centres.
The property is on a virtual freehold of 999 years from 25th September 1858 (859 years remaining).
In 2019, the tenant conducted a full refurbishment of the property.
We believe the property has development potential to add an additional storey subject to planning permission.
Location
Situated in the heart of Aldershot, Hampshire.
Accommodation
The total net internal floor area is 5,403 sqft and this is arranged over two storeys.
Terms
Tenure - Virtual Freehold
Price - £1,800,000
VAT - Applicable
EPC Rating - C
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£1,800,000.00
| NA |
Email me updates about similar new properties
Show similar properties