Investment
Available
FREEHOLD RETAIL FOR SALE
- FREEHOLD INVESTMENT
- FULLY LET
The property consists of a ground floor retail space with external WC and storage. First floor residential flat with independent access from the rear. There are 2 parking spaces at the rear, one each for the shop and the residential flat above.
EPC Rating: E 117
Location
Ashford is a West London suburb situated to the south of Heathrow. The town benefits from good access to the motorway network via Junction 13 of the M25 motorway from the A30.
The premises are located on Church Road
In an established retail parade. Other
operators in the area include Coral
Bookmakers, Tesco Express, Sainsburys
Local, in addition to a variety of independent traders including a barbers, Estate Agency and a Funeral Directors.
Accommodation
Retail: The property has a net internal floor area of approximately 52 sq. m (560 sq. ft).
Rates
BUSINESS RATES: 2023 Rateable Value: £10,000
COUNCIL TAX: Council Tax: Band C
Terms
Freehold subject to the following:-
Commercial: 10 year lease granted from 25/7/2025 with a 5th year tenants only break clause at an annual rent of £12,750 pa, rising to £17,000 pa from commencement of the second year. 5th year rent review.
Residential: Subject to a Long Leasehold of 125 Years from 30 August 1991
Ground Rent Income = £75 per annum, which will increase by £50 every 25 years