167 North Lane, Aldershot
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- SIZE
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- SECTOR
Mixed use property for sale
Key features
- High Yielding Mixed Use Investment
- Let Retail unit with Upper Parts Sold Long Leasehold
- Retail Let on 10 Year Lease Expiring 09.10.2032
- Asset Management Potential
- Forms Part of a Popular Parade
- Investment Let at £12,050 p.a. (12.05% GIY on Guide Price)
Description
Arranged across ground, first and second floors the property is fully let to two tenants producing a total aggregate rent of £12,050 per annum.
The ground floor is let to Holmes and Family Limited on a 10 year lease expiring 09.10.2032 and paying £12,000 per annum.
The upper parts comprise a duplex flat sold off on a long leasehold basis expiring 24.03.2113 and paying a ground rent of £50 per annum. The leasehold therefore has approx. 88 years unexpired.
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
167 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
Notes
Disclaimer - Property reference 00B7C476-9C3C-4E5E-BCC1-81EA7A1F1BF2. 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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