Lot 128: FREEHOLD HIGH STREET BLOCK FOR INVESTMENT

Guide Price £850,000 – £900,000 *
62 Church Road,
Ashford,
Middlesex. TW15 2TS

Currently let at 62,520 per annum

Viewing by arrangement with Clive Emson Auctioneers

01273 504232

Sam Kinloch/Richard Payne

An exciting opportunity to acquire this substantial mixed residential and commercial high street investment.

Currently comprising ground floor retail premises extending to over 3,000 sq.ft and two two-bedroom flats on the first floor. This detached freehold block is situated in a prime retail area of Ashford, Middlesex and is located on the junction between Church Road and Fordbridge Road directly opposite Ashford War Memorial.

The property is set among other well known high street retailers such as Boots, Costa Coffee and Co-Operative food.

Currently let to provide a good income the property may also suit future re-development or extension to provide further residential accommodation at first and possibly second floor levels, subject to all necessary consents being obtainable.

Ground Floor

Open plan retail area with glazed frontage, rear hallway, kitchen area, store room and second store room accessed via the rear.

Outside

Off road parking.

Tenancy

Let on a 20 year lease from 2008 at a current rental of 42,120 per annum.

EPC Rating

61 (Band C).

First Floor

Flat 62A

Entrance hall, living room with open plan kitchen, two bedrooms and bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of 850 per calendar month.

Flat 62B

Entrance hall, living room with open plan kitchen, two bedrooms and bathroom with W.C.

Outside

Roof terrace.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of 850 per calendar month.

Planning

Interested applicants are advised to make their own enquiries with the Local Planning Authority, Spelthorne Borough Council. Tel: 01784 446282. Website: spelthorne.gov.uk.

Residential EPC: TBC
Commercial EPC: C

Map

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