8 November 2022: Tuesday 08 November 2022 - 9:00am
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    Key features

    • A freehold mid terrace building arranged as a ground floor retail unit trading as a Pizza GoGo/Kebabish takeaway let at £18,000 per annum
    • Upper parts comprising 2 x one bedroom self contained flats each let on an Assured Shorthold Tenancy at a total rent of £17,100 per annum
    • There may be re development potential of the upper parts subject to the requisite consents
    • Rear garage unit let at £945 per annum
    • Busy town centre pedestrianised location near The Wellington Centre, car park and station.

    Description

    A mid terrace building arranged as a good size ground floor retail unit trading as a Pizza GoGo/Kebabish takeaway.

    Separate rear entrance from Upper Union Terrace to two flats on the first and second floors each let on an Assured Shorthold Tenancy.

    There may be potential for re development of the upper parts, subject to the requisite consents.

    There is a rear garage with vehicular access from Upper Union Terrace.


    Additional information

    Tenure

    Freehold


    Accommodation

    Ground Floor (No 5) - Shop Floor area approximately 1,037 sq ft

    First Floor (No5A) - Reception Room, Bedroom, Kitchen, Bathroom/WC

    Second Floor (No5B) - Reception Room, Bedroom, Kitchen, Bathroom/WC

    Rear Garage - Gross Internal Area approximately 268 sq ft


    Tenancy

    Ground Floor Shop (No 5) - Let on a 15 year lease from 28th February 2020 at a rent of £18,000 per annum. Rent Reviews every 5 years

    The tenant has been in occupation since the lease was assigned on 12th April 2001.


    First Floor Flat (No 5A) - 2 year Assured Shorthold Tenancy from 5th April 2018 at a rent of £650 per calendar month. Holding over.

    The tenants have been in occupation since 2014


    Second Floor Flat (No 5B) - 12 month Assured Shorthold Tenancy from 21st May 2022 at a rent of £775 per calendar month.


    Rear Garage - Let on an Agreement for a term expiring on 8th September 2023 at a rent of £78,75 per calendar month.


    Rent

    Total Current Rent £36,045 per annum

    Notes

    To View Flat No 5B please refer to the Book a Viewing schedule.


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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Aldershot, well known as the 'Home of the British Army,' is located about 31 miles southwest of London between Farnborough and Farnham.

      Well situated near the junction of Union Street, a pedestrianised thoroughfare, with Grosvenor Road (B3007) in a busy town center retail location.

      The Wellington Centre and car park are close by.

      The Municipal Gardens and train station are within easy reach.

      Easy access to the A331 provides good road links to the M3 and A31.


      Transport

      National Rail - Aldershot


      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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