INDUSTRIAL / WAREHOUSE FOR SALE
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| Property: | 3-7 Wyndham Street, Aldershot, GU12 4NY |
| Location: | Aldershot has a population of approximately 58,000. It lies in the heart of the Blackwater Valley and is a key strategic area for industrial development and employment. Aldershot is located close to the Surrey / Hampshire border, with direct access to the A 331 dual carriageway leading north to J4 of the M3 London to Southampton motorway (5 miles) and south to the A31/A3 (2 miles) Guildford - London to Portsmouth dual carriageway.
The property lies within easy walking distance of Aldershot mainline train station offering regular commuter services to London Waterloo (50 min), and London Heathrow is accessible within 40 minutes drive time. The property is located close to the town centre, just behind the High Street outlet of Kwik Fit. The immediate locality is in mixed residential /commercial use. |
| Description: | The property comprises two detached buildings together with a yard/loading area. The main building appears to be built under a brick clad steel portal frame with a corrugated asbestos roof. The entire area has been fitted with a mezzanine floor providing a mix of office and partitioned office space. The ancillary building is a similar brick / metal clad structure located opposite the main building sharing the yard. The building is multi let to a mix of office and warehouse users. |
| Floor Area: | The property has the following gross internal floor areas measured in accordance with the RICS Code of Measuring Practice: Main Building: Ground Floor: 5,594 sq ft (519.6 sq m) First Floor: 5,616 sq ft (521.7 sq m) Ancillary: Ground floor: 1,724 sq ft (160.1 sq m) Mezzanine: 1,724 sq ft (160.1 sq m) TOTAL: 14,658 sq ft (1361.7 sq m) Yard: 1,578 sq ft |
| Income: | Current gross rental income is £61,117 pa. Upon the letting of vacant parts the property is expected to provide approximately £93,500 pa. Annual outgoings are running at approximately £25,436 pa.
Approximately 9,800 sq ft is sublet to 6 tenants and all leases have recently been renewed on modern terms. Leases are due for renewal in 2008-2009. All leases are outside the security of tenure provisions of the Landlord and Tenant Act 1954 as amended, and provide for mutual break options upon giving prior notice. A tenancy schedule is available on request. |
| Potential: | Vacant possession is possible of all or part within 12 months. The property is thus ideal for an owner occupier looking for industrial property with income producing expansion potential. It also offers an investor an opportunity to increase income though intensive management, or a self funding holding property allowing a developer to assemble a suitable B1 development scheme. |
| Price: | £775,000 exclusive. |
| Costs: | Each party to bear their own costs. |
| Viewing: | Strictly by appointment through sole agents Traynor Ryan. |
Chartered Surveyors & Property Consultants
Ryjas House, Farnham, Surrey, GU10 4RG
t. 01252 794144, f. 01252 794166
Email us about this property: info@traynorryan.com
Whilst all the information in these particulars is believed to be correct, neither the agents nor their clients
guarantee its accuracy, nor does it constitute a contract, part of a contract, or a warranty. In accordance
with the Finance Act 1989 Vat maybe applicable to rents and prices. Intending purchasers and lessees must
satisfy themselves as to the condition of the property services.
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