Available
Aldershot – Public House
The White Lion, 20 Lower Farnham Road, Aldershot GU12 4EAFreehold Public House Investment
Price
£500,000
Rent P.A.
ERV: £36,000
Tenure
Freehold
Area
2,690 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Vacant possession
- ERV: £36,000 p.a. GIY: 7.20%
- Comprises ground floor public house with 2-bedroom owner`s accommodation above
- Property benefits from outside seating area at front and one parking space at rear
- Nearby occupiers include Sainsbury Local, McDonalds and KFC, amongst other retailers.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The property comprises corner two-storey building arranged as a ground floor pub with 2-bedroom owner`s accommodation above, providing the following accommodation and dimensions:
Ground Floor: Public House 147 sq m (1,582 sq ft)
bar, open plan seating area, storage, WCs
First Floor: Manager`s Flat 103 sq m (1,108 sq ft)
two double bedrooms, kitchen, lounge, bathroom/WC
Total net internal size: 250 sq m (2,690 sq ft)
Ground Floor: Public House 147 sq m (1,582 sq ft)
bar, open plan seating area, storage, WCs
First Floor: Manager`s Flat 103 sq m (1,108 sq ft)
two double bedrooms, kitchen, lounge, bathroom/WC
Total net internal size: 250 sq m (2,690 sq ft)
Tenancy Description
The property is at present vacant. ERV: £36,000 per annum.
Location Description
Aldershot is a commuter town in Hampshire, approximately 10 miles west of Guilford, 23 miles east of Basingstoke and 4 miles north east of Farnham. The property is located to the south of the A323, which provides direct access to the A331. The immediate area is predominantly residential while Blackwater trading estate is located opposite the property. Nearby occupiers include Sainsbury Local, McDonalds and KFC, amongst other retailers.