Address: 141-143 Victoria Road
Postcode: GU11 1JW
Approx. Sq Feet: 1,629
Approx Sq Meters: 152
Rateable Value: £15,000
LOCATION: Aldershot is a busy Hampshire town with a population of some 37,000, situated immediately south of Farnborough and Camberley. Junction 4 of the M3 Motorway is located four miles to the north and the A31 is situated directly to the south. The Blackwater Valley (A331) relief road is situated close by and which provides a dual carriageway link to the M3.
The property is located on the south side of Victoria Road with direct access to Windsor Way and High Street. It forms part of the local shopping core serving the surrounding residential area. Other occupiers in the vicinity include Boots Chemist, Iceland, Lloyds Bank and NatWest Bank. The immediate area is predominantly commercial with the Wellington Shopping Centre entrance directly opposite.
DESCRIPTION: The property is arranged as a mid-terraced double fronted lock-up retail unit with modern tiled and glazed shop front providing an L shaped sales area fitted out as a hair salon, rear kitchenette and office. Outside WC facilities, rear stores and boiler room. The first floor flat has its own self-contained entrance from Victoria Road and is double glazed with central heating.
Gross Frontage 29’ 09” (09.07 m)
Nett Frontage 25’ 10” (07.896 m)
Shop Depth 33’ 02” (10.08 m)
Front Sales Area 684 sq. ft (63.54 m²)
Office/ Kitchenette etc. 250 sq. ft (23.22 m²)
Total Ground Floor 934 sq. ft (86.77m²)
Living room 1 4.513m x 3.822m
Bathroom 2.324m x 2.542m
Kitchen 2.275m x 2.774m
Bedroom 1 2.580m x 3.268m
Bedroom 2 2.869m x 3.196m
Living room 2 4.490m x 3.681m
Total First Floor 695 sq. ft (65.08 m²)
TENANCIES: The Ground floor shop is let to His Hair (1970) Ltd for 10 years from 15th March 2019 and is subject to a 5 yearly upward only open market rent review. The commencing rent is £18,000 per annum exclusive. The first floor two bedroomed flat is let under an assured shorthold tenancy from 2nd March 2020 at £750 per month
RENT Total income is therefore £27,000 per annum
FREEHOLD £375,000 for the benefit of the freehold interest in the shop and first floor flat and subject to the tenancies referred to above.
RATES: Ground Floor Shop Rateable value £15,000. Rate in the £: 51.2p (2020/21)
LEGAL COSTS: Each party is to be responsible for their own legal and surveyors’ costs incurred in the sale of this property investment.
EPC Rating C for the ground floor shop
Strictly by prior appointment with the Agents - Emberson & Co Ltd., Suite 9 Wesley Chambers, Queens Road, Aldershot, Hampshire, GU11 3JD
Tel No: (01252) 329129
Mob No: (07836) 640597
Emberson & Co Limited and its subsidiaries and their joint agents if any (“Emberson”) for themselves and for the seller or landlord of the property whose agents they are give notice that:
(i) These particulars are given and any statement about the property is made without responsibility on the part of Emberson & Co Ltd or the seller or landlord and do not constitute the whole or any part of an offer or contract.
(ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property.
(iii) No employee of Emberson & Co Ltd has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all.
(iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position.
(v) Except in respect of death or personal injury caused by the negligence of Emberson & Co Ltd or its employees or agents, Emberson & Co Ltd will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by Emberson & Co Ltd.
(vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and Emberson & Co Ltd shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.