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| Property: | 14 The Arcade, Victoria Road, Aldershot, GU11 1SS |
| Location & Description: | Aldershot is a popular Hampshire town situated approximately 41 miles south west of London, 8 miles south of Camberley and 11 miles west of Guildford. The town benefits from good road and rail communication, being located on the A31 which links the town to the M3. Rail services to London Waterloo are available in approximately 53 minutes. Major facilities include the Wellington Centre and The Galleries Shopping Centre.
Well located in the heart of the town centre close to the Galleries shopping centre, the property is situated in a modern arcade development in a traditional style with immediate access from Victoria Road. The property offers a lock up shop with rear loading, Nearby retailers include Johnsons Cleaners, Yates Wine Lodge, Townends Estate Agents. The adjoining properties are occupied an independent hairdresser and a games shop. |
| Floor Area: | The property has the following NIA floor area measured in accordance with the RICS Code of Measuring Practice: Net Frontage 12’3” Built Depth 35’0” Sales Area 467 sq ft |
| Lease: | The FRI lease is for a term of 10 years expiring September 2018 subject to tenants only option to BREAK on 28 September 2009. The passing rent is £12,000 pa. Alternatively a new lease for a term of years can be agreed directly with the landlord at a rent to be agreed. |
| Rent: | £12,000 per annum exclusive of all other outgoings (and VAT if applicable) |
| Rates: | The Valuation Office http://www.voa.gov.uk indicates a Rateable Value (RV): £4850. The UBR (2007/2008) is 0.444. Normal rates payments = RV x UBR. Exceptions occur due to:
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| Outgoings: | The cost of buildings insurance, and common matters to the Arcade are proportionally payable. |
| Costs: | All legal costs to be borne by the ingoing tenant. |
| Viewing: | Strictly by appointment through sole agents Traynor Ryan. |
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