Wellington Road, Aldershot, Hampshire, GU11 1DZ

Sold £1,800,000


Wellington Road, Aldershot, Hampshire, GU11 1DZ

Property Hub is pleased to market this commercial property for sale in a high street location with a high footfall in the town centre. The property comprises a substantial double fronted retail shop arranged over the ground and first floor. The property is maintained to a high standard and comprises numerous gaming machines spread over the ground floor. In addition, there is a rear internal staircase leading to the first floor which is used as ancillary accommodation. The property has the flexibility of potentially being subdivided in the future, subject to planning, two units of a similar size.

The property benefits from a gambling license. The tenant is permitted to trade 24 hours for the gaming machines and between 9 am till midnight for Bingo.

Offer in Excess of £1,8 million only // Ground floor size – 2230 sqft + First floor size – 2251 sqft = 4481 sqft // Rent Review on December 1st // Rent will rise to £130,528.23 per annum after 1st December 2020 // 5 years lease reaming // virtual freehold of 999 years from September 1858// Above 6% Yield

Disclaimer: Property Hub is the seller's agent for this property. Your conveyance is legally responsible for ensuring any purchase agreement which fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible.

The information displayed about this property comprises a property advertisement. Property Hub, Wembley will not make any warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Property Hub has no control over the content. This property advertisement does not constitute property particulars, the property may offer to tenants in same condition as they have seen on time of viewing. The information is provided and maintained by Property Hub, Wembley.