An attractive Grade II Listed property, situated on Ashford Road, adjacent to the Royal Mail post office in a small parade of shops yet within walking distance of the main High Street are these three commercial investment shops and a flat on the upper parts.
The flat has been sold on a 999-year lease at a peppercorn ground rent.
All three commercial tenants have been in occupation for some time with numbers 13 and 15 having recently renewed their lease.
11 Ashford Road
Let to a shoe repair and key cutting business.
Tenancy
Let under the terms of a 15-year lease, from 25th December 2010, at a current rental of £5,500 per annum.
VOA
VOA (Valuation Office Agency) website shows the following accommodation
Ground Floor Retail Zone A - 13.5 sq.m. Ground Floor Staff Toilets - 1.44 sq.m.
13 Ashford Road
Let to a nail salon.
Tenancy
Let under the terms of a five-year lease, from 1st June 2022, at a current rental of £6,600 per annum, rising to £6,900 per annum on 1st May 2024.
VOA
VOA (Valuation Office Agency) website shows the following:-
Ground Floor Retail Zone A - 16.2 sq.m. Ground Floor Retail Zone B - 1.4 sq.m. Ground Floor External Storage - 13.3 sq.m.
15 Ashford Road
Let to a hair salon.
Tenancy
Let under the terms of a five-year lease, from 1st June 2022, at a current rental of £10,450 per annum rising to £10,925 per annum on 1st May 2024.
VOA
VOA (Valuation Office Agency) website shows the following: Ground Floor Retail Zone A - 16.6 sq.m. Ground Floor Retail Zone B - 1.3 sq.m. Ground Floor Kitchen - 6.5 sq.m. First Floor staff toilets.
Residential
First Floor Flat
Sold on a 999-year lease, from 13th June 2014, at a peppercorn ground rent, plus 40% insurance and maintenance contributions.