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Mid Terrace Lock-up Shop with Flat, 179 North Lane, Aldershot, GU12 4SY

602 Sq Ft / Retail / General Retail

Let - Last updated: 20 November 2018

The property is arranged as a mid terrace single lock-up retail unit with modern aluminium and glazed shop front providing a front sales area, rear kitchenette with two WC facilities, recessed fluorescent lighting, acoustic tiled ceiling with spot lights to the front of the shop, laminate and carpet flooring, air conditioning together with rear access to a small parking/loading area with parking for one vehicle.

Location

Aldershot is a busy Hampshire town with a population of some 37,000, situated immediately south of Farnborough and Camberley. Junction 4 of the M3 Motorway is located four miles to the north and the A31 is situated directly to the south. The Blackwater Valley (A331) relief road is situated close by and which provides a dual carriageway link to the M3. 

The property is located on the west side of North Lane with direct access to Ash Road and forms part of a local shopping parade serving the surrounding residential area. Other occupiers in the vicinity include One Stop supermarket, Co-Op supermarket, and McColls Newsagents. The immediate area is predominantly residential although the principle industrial area of Aldershot is within very close proximity.

Accommodation

Ground Floor:

Gross Frontage - 17’ 09” (05.40 m)

Nett Frontage - 16’ 00” (04.87 m)

Shop Depth - 42’ 00” (12.80 m)

Front Sales Area - 492 sq ft (45.70 m²)

Rear Toilets/Office/Kitchenette etc - 110 sq ft (10.22 m²)

Total Ground Floor - 602 sq. ft (55.52 m²)

First Floor

Front Lounge - 5.052m x 3.623m
Bathroom - 1.984m x 2.267m
Kitchen - 3.646m x 1.614m

Second Floor

Front Bedroom - 5.067m x 3.645m
Rear Bedroom - 5.063m x 3.670m
Large Landing

Terms

A new full repairing and insuring lease is available for a term by arrangement and subject to 5 yearly upward only open market rent reviews in respect of the ground floor shop.

RENT - £9,000 per annum exclusive of rates, building insurance and service charges in respect of the ground floor shop.

FREEHOLD - £315,000 for the benefit of the freehold interest in the shop and flat with full vacant possession.

RATES - Ground Floor Shop Rateable value £6,800. Rate in the £: XXX (2017/18) rates payable £3,291.

LEGAL COSTS - Each party is to be responsible for their own legal and surveyors costs incurred in the grant of the new lease save as to abortive costs.

EPC - Rating C


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