Situated in the heart of Aldershot town centre is this wonderful opportunity to purchase Magic Scissor Barbers plus SIX onebedroom apartments and freehold. Representing a fantastic investment opportunity with a 8% yield, the property currently generates in the region of £70,000, increasing in 2027, and is offered to the market with No Onward Chain. The property also offers potential to increase its accommodation and crate another one bedroom apartment (stpp). Deceptive from the front viewing is highly recommended to appreciate the property in full.
Split over five floors you will find six one bedroom apartments and a commercial shop. On the ground floor is the commercial shop with a long standing tenant and well regarded local barbers.
There is one apartment at basement level. On the first floor you will find two of the one bedroom apartments. Each apartment has a fitted kitchen and separate bath/shower room. On the second floor you will find a further two apartments, finally on the third floor there is one apartment.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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