Nicola Ann Photography, 70 Church Road, Ashford | Property for sale | Savills
Guide price £150,000(2.032.669 kr)

Nicola Ann Photography70 Church Road, Ashford

  • New
  • Sole agency
  • Freehold
Investment
Yield 14%Yield

Key features

  • High Yielding Retail Investment
  • Let on a 10 Year Lease Expiring 12/11/2028
  • Asset Management Potential
  • Established and Popular Location
  • Retail Unit and Upper Parts
  • Producing £21,000 per annum
  • Nearby Units Let for £25,000 per annum
  • Investment Let at £21,000 p.a. (14% GIY on Guide Price)

High Yielding Retail Investment - Freehold Retail Unit with Upper Parts (sold off long leasehold). Fully Let on a 10 Year Lease and Producing £21,000 per annum

About this property

  • The property comprises a high yielding retail investment opportunity situated on a busy, high footfall street. Arranged across ground, first and second floors, the property comprises a ground floor retail unit with six flats to the upper parts. The ground floor is let to Private Individuals on a 10 year lease expiring 12/11/2028 and producing £21,000 per annum. The upper parts are sold off on a long leasehold basis at a peppercorn rent. We consider the property to be reversionary, with nearby units letting for approx. £25,000 per annum. The property is located on a popular high footfall street with low levels of vacancy. Nearby occupiers include Boots, Costa, Londis and Card Factory.