Retail premises for sale in Union Street, Aldershot GU11

Key Points

Description

The subject property is situated in a prominent corner location on the pedestrianised Union Street, with a return frontage leading down to Cross Street, which in turn leads into Victoria Road.

The premises are extremely well fitted, and has been trading as a kfc restaurant and takeaway for many years. The majority of the fixtures and fittings* remain in situ, together with staff welfare and preparation/cooking areas to the rear. There is a rear service door for deliveries.

* branded items will be removed.

The unit also benefits from a basement which provides further ancillary/refrigerated stores and preparation areas, and there are separately accessible customer WC’s, together with a staircase leading from the restaurant/dining area. Our clients are not offering any warranties with any of the equipment, although it can be left in situ for the benefit of the next tenant (subject to proposed use).

Location

Aldershot is a popular commuter town within North Hampshire, approximately 32 miles south west of London. The property is located along Union Street, which is deemed as the most prime trading location in the town centre, and links into the main Wellington Shopping Centre. There are regular services to London via Aldershot station, which is a short 5 minute walk. Union Street is undergoing significant regeneration with Union Yard providing a joint venture with Rushmoor Borough Council. The scheme will provide 128 student accommodation block, 82 1 & 2 bedroom apartments, affordable homes, and 12 retail/commercial units.

Nearby occupiers include bhf, McDonalds, cex, Pepa’s, Costa Coffee, Greggs, Lidl, Savers and various other local independent retailers and restaurants.

Terms

A new lease for a term by arrangement, to be outside the Security of Tenure and compensation provisions of the Landlord & Tenant Act 1954.