Commercial Property in Blacknest available for sale
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Distribution Warehouse for Sale near Blacknest, Alton

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

More details for 4 Station Road West, Aldershot - Industrial for Sale

4 Station Road West

Aldershot, GU12 5QD

  • Industrial for Sale
  • £750,000
  • 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 £750,000”. 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.

Contact:

Clare & Co

Date on Market:

05/11/2025
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