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Investment

Investment For Sale Ashford

PROPERTY ID: 124111

PROPERTY TYPE

Investment

STATUS

Available

SIZE

1,914 sq.ft

Key Features

Accommodation totalling 1,914 sq ft
Town centre location neighbouring Pizza Express
Income of £35,460 (gross) p.a. showing an initial yield of 9%
Redevelopment potential, subject to planning

Property Details

This Is An Attractive Mid-terraced, Three-storey Grade Ii Listed Building With A Basement, Providing A Total Of 1,914 Sq.ft. Of Accommodation Over The Four Floors. It Provides A Good Investment Opportunity Or Potential For Residential Redevelopment With The Possibility Of Creating Two Self-contained Flats (one On Each Of The Upper Floors), Which Could Generate An Income In The Region Of £20,000 Per Annum, Subject To Gaining All Necessary Consents. The Offices Are Currently Let As Per The Below Schedule. Ground Floor And Basement - Beauty Salon - £12,000 P.a. Exclusive - 6 Year Lease To 2029. 1st Floor Office - £9,000 Per Annum Exclusive. 3 Year Lease Expiring In February 2025 2nd Floor Office - £2,820 Per Annum Inclusive. 2nd Floor Office - £5,040 Per Annum Inclusive. 2nd Floor Office - £2,820 Per Annum Inclusive. 2nd Floor Office - £3,780 Per Annum Inclusive *2nd Floor Offices All Let On Monthly Inclusive Licences.

About the Agent

Stafford Perkins Chartered Surveyors

See Agent's Other Properties

Investment Unit

£340,000 Freehold

16-18 North Street, Ashford, TN24 8JR
Investment - Available
1,914 sq ft
178 sqm
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