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Property Description
- Five Ground Floor Retail Units
- Annual Ground Rent Investment
- Currently Producing £18,310 per annum
- Full Lease Details Available
A freehold parade of five ground floor retail units along with annual ground rent investment. Currently producing £18,310 per annum in rent.
Property Links
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Rooms
Property details
1 & 3 St Johns Road. Convenience store 948sqft/88.1sqm subject to a 10 year lease from 2020 at an annual rent of £8,500pa with a review in 2025. 5 St Johns Road. Barber shop 265sqft/24.6sqm subject to a 5 year lease from 2020. 7 St Johns Road. Sold off on 125 Leasehold from 7/2000 with an annual ground rent of £50. 9 St Johns Road. Beauty Salon 638sqft/59.3sqm subject to a 5 year lease from 2019 at an annual rent of £6,000pa 1a, 5a, 7a, & 9a sold off on 125 leasehold from 1997 with an annual ground rent of £40 per flat.
Tenure
The property is freehold
Services
All main services are connected and are the responsibility of the individual tenant
There are no landlord/communal areas to the building. The buildings insurance is the responsibility of the freeholder and reimbursement is subject to the terms individual leases. All rates are payable by the tenants There are copies of the leases available in the office.
Gallery (click to enlarge)
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Frome BA11 2BA
