Summary - 54 GROSVENOR ROAD, ALDERSHOT GU11 3DY
2 bed 1 bath Commercial Property
Immediate rental income with short-term reversion and refurbishment potential.
Freehold mixed-use building, approx. 1,745 sq ft
A substantial freehold mixed-use building in Aldershot town centre, offered with an occupied ground-floor café and a two-bedroom flat above. The property totals approximately 1,745 sq ft across multiple floors and retains period character typical of early 20th-century Victorian terraces, with high ceilings and a medium-sized footprint. Combined current income is £19,040 per year, providing an immediate cashflow for an investor.
The commercial unit is let to Nanglo Cafe and Restaurant until 26 March 2028 at an annual rent of £9,440. The residential flat above is currently on a six-month tenancy producing £9,600 per year and has an EPC rating of D. Both lets create options: maintain the income, renegotiate terms at expiry, or refurbish the upper floors to improve yield.
Buyers should note material considerations: the building sits in a high-crime, deprived area which can affect rental demand and re-letting. Heating is by electric room heaters and the cavity walls are assumed uninsulated, so energy upgrades may be required to raise comfort and efficiency. The plot is small, and some cosmetic and structural investment may be needed to unlock higher rents or alternative uses.
This property will suit investors seeking a town-centre, mixed-use asset with immediate income and short-to-medium-term asset-management opportunities. The location benefits from excellent mobile signal, fast broadband, nearby shops, transport links and multiple schools, though local socio-economic factors advise a pragmatic refurbishment and lettings strategy.
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