Published: 19/04/2022 By City & Counties Commercial
8 - 10 Wellington StreetAldershot, Hampshire, GU11This commercial investment opportunity is situated in the heart of Aldershot, Hampshire. The total net internal floor area is 5,403 sqft and this is arranged over two storeys.
The property is let to Cashino by way of a lease assignment for a term until November 2025. The current passing rent is £130,000 per annum.
The parent company of Cashino is Merkur Holdings UK Limited. The group operates a number of venues throughout the UK with 180 adult gaming centres.
The property is on a virtual freehold of 999 years from 25th September 1858 (859 years remaining).
In 2019, the tenant conducted a full refurbishment of the property.
We believe the property has development potential to add an additional storey subject to planning permission.
For more information, contact Nathan at nathan@cityandcounties.com or Latif at latif@cityandcounties.com. Alternatively, you can call us on 020 8106 8666. To view the property listing, click here.