53 Church Road, Aldershot, Hampshire, GU11 3PR

53 Church Road, Aldershot, Hampshire, GU11 3PR

  • Investment
  • o
  • 255 Sq ft
  • o
  • For Sale
  • o
  • £74,950

Key Points

Freehold Investment For Sale

  • Lock Up Shop With Ground Rent Income 
  • Prominent location 
  • Good Local Covenant 
  • 23.69 sq m / 255 sq ft 

Location

53 Church Road is at the southern end of  Church Road where it meets Lower Farnham Road. Being surrounded by mainly residential properties and located as the last retail unit on the corner parade which includes McColl’s, Co-Op, Londis and The Heron Barbers. Located 1.4 Miles (7 min drive) from Aldershot train station which provides services between London Waterloo and Alton. As well as this there is ease of access to the A331 (0.9 miles) and A31 (2 miles) providing road routes to the A3 and M3  connecting London with Southampton and Portsmouth. 

Description 

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. 

Accommodation

Shop 23.69 sq m / 255 sq ft

Income

Shop - £4,000 Per Annum

53A - £50 Per Annum

53B - £50 Per Annum

Legal Costs

Each party to bear their own legal fees. 

EPC 

Rating: C - 51

Rates

Rateable Value: £2,600 

Rates Payable: £1,274 (2019/20)

100% Small Business Rates Relief for Tenants. 

Viewing

Please Contact the Sole letting Agent

Sean Bellion

Sean Bellion
BA
01483 450 115

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