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Retail Premises With Residential Above, 114 Victoria Road, Aldershot, GU11 1JX

913 Sq Ft / Retail / General Retail

Sold - Last updated: 19 March 2024

Comprising of a ground floor lock up shop/studio, formerly occupied by New Hope Tattoo with upper parts comprising of four self contained one and two bedroom flats, all of which have been sold off on 125 year ground leases from 2008 each producing a ground rent of £125 per annum (£500 per annum).

Amenities to the ground floor shop/studio include modern aluminium and glazed shop front with electric security shutters to front & side, plastered and painted ceilings with recessed spot lighting, laminated flooring with raised dais, air conditioning (heating and cooling), part tiled wall finish, smoke detectors,

Location

A prominently located corner shop premises situated within the central retail area of Victoria Road midway between the junctions of Wellington Street and Station Road. Nearby traders include Eden Bookmakers, British Heart Foundation and Barclays Bank. Within a short distance of the property is the Aldershot Bus Station and main railway station (Waterloo - fastest journey 50 minutes). Nearby car parks include the Station Car Park, High Street, and Wellington Centre multi storey car parks.

Accommodation

Gross Frontage 6.172 20’ 3”

Nett Frontage - 5.589  (18’ 4”)

Built Depth - 19.026  (62’ 4”)

Sales Area - 55.2m²  (594 sq ft) 

Rear Office - 14.89m²  (160 sq ft) 

Ancillaries - 14.73m²  (159 sq ft)

Total Ground Floor Area - 84.82m²  (913 sq ft)

Terms

PRICE: For the benefit of the freehold/flying freehold interest with full vacant possession of the ground floor retail/office unit £250,000 subject to contract and with no VAT being charged on any sale.

RATEABLE VALUE: £12,500 rate in the £ XXX (2020/21) – rates payable £6,237.50. Small Business relief available on application to Rushmoor Borough Council of 01252-398331.

LEGAL COSTS: Each party is to be responsible for their own legal costs in connection with the sale of the property.


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