Summary - FLAT 3, 4A, UNION STREET GU11 1EG
6 bed 6 bath Shop
Six let flats and a busy barber shop with immediate income and refurbishment upside.
6 one-bedroom flats plus ground-floor barber shop generating ~£70,000 pa
Estimated 8% yield with income increasing in 2027
Potential to add one-bedroom apartment (stpp)
Victorian building with high ceilings and large windows
Split over five floors; deceptive from the street
Small plot and compact external space
High local crime rate and deprived area indicators
Tenure unconfirmed — buyer to verify legal details
This freehold property comprises six one-bedroom apartments above a long-standing barber shop, currently producing around £70,000 per year (approx. 8% yield). The layout is traditional, split over five floors, with generous ceiling heights and large Victorian windows that add character and rental appeal. There is potential to create an additional one-bedroom apartment subject to planning permission.
The asset suits an investor seeking immediate income and future uplift through reconfiguration or rent growth planned for 2027. The location in Aldershot town centre offers excellent transport links, fast broadband and a busy retail catchment, supporting lettings and footfall for the ground-floor commercial unit.
Buyers should note material issues: the property sits in a high-crime, deprived area and occupies a small plot; tenure details are not confirmed. Any conversion to add accommodation will require planning consent. A physical inspection is recommended to appreciate the building’s scale and character and to assess maintenance or refurbishment needs before purchase.
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