Aldershot, Hampshire, GU11 3PR
|Size||255 sq ft|
|Business Rates||Rateable value of £2,600. This property may benefit from 100% relief dependent on circumstance|
|Energy Performance Rating||Upon enquiry|
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 £50 per annum. The shop is currently let as a hairdresser at £4,000 per annum 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.
The freehold of the property is offered with the benefit of lease producing the following income: Shop £4,000 per annum 53A £50 per annum 53B £50 per annum Total £4,100 per annum.
Each party will bear their own legal costs in this transaction.