Distribution Warehouses for sale in the Blacknest, Alton

Commercial Property in Blacknest available for sale

Distribution Warehouses for Sale Within 10 miles of the Blacknest, Alton

4 Holder Rd

Aldershot, GU12 4RH

Industrial for Sale
£495,000
10,164 sq ft

Aldershot Industrial for Sale

The building is available by sale of the existing ground lease with a lease expiry of April 2154 (approximately 128 years remaining), the rent review pattern is 10 yearly, and the last review has been recently settled at a rent of £40,000 pa. The ground lease interest is for sale for “Offers in the Region of £495,000”.

Contact:

Clare & Co

Property Subtype:

Warehouse

Date on Market:

10/12/2025

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4 Station Road West

Aldershot, GU12 5QD

Industrial for Sale
£895,000
12,182 sq ft

Aldershot Industrial for Sale - Ash Vale

Our client’s ground lease interest in the premises is for sale with a guide of “Offers in the Region of £895,000”. Our client owns a “rack rented” ground lease granted 1st June 1981 for a term of 125 years (approximately 81 years remaining) incorporating 5 yearly upward only (not downward) open market rent reviews, with the rent review based on 29% of the open market value of the property. The next rent review is due as from the 31st July 2027. The current ground rent is £33,996 per annum. Please note that within the rent review mechanism, the property is to be valued on the basis of a 25 year lease which we believe will make it difficult for the landlord to justify future rent uplifts as 25 year leases are rarely taken within the current market, and for this type and size of building.