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169 North Lane, Aldershot

Guide Price
£190,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
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SECTOR

Mixed use property for sale

Key features

  • High Yielding Mixed-Use Investment
  • Retail Unit and Residential Upper Parts
  • Fully Let to the Same Tenant
  • Two Separate Leases Expiring 09.02.2032
  • Asset Management Potential
  • Forms Part of a Popular Local Parade
  • Investment Let at £19,000 p.a. (10% GIY on Guide Price)

Description

The property comprises a high yielding mixed-use investment opportunity forming part of a popular local parade.

Arranged across ground, first and second floors the property is fully let to a single tenant on two separate leases producing a total aggregate rent of £19,000 per annum.

The ground floor comprises a retail unit and is let to a private individual trading as Tan-Tastic on a 12 year lease expiring 09.02.2032 and paying £12,000 per annum.

The upper parts comprise a duplex flat and are let to the same tenant on a lease expiring 09.02.3032 and paying £7,000 per annum (£583 pcm).

The property forms part of a popular local parade fronting North Lane. The street comprises the principal retail amenity for the surrounding residential area and is characterised by a number of local retailers and residential accommodation.

Brochures

169 North Lane, Aldershot

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Aldershot Station0.8 miles
  • Ash Station1.3 miles
  • Ash Vale Station1.8 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference 31ED84E2-F3A1-43E7-9FB2-662C8CCBD903. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Savills Auctions- Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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