St. Johns Road, Frome

GBP 235,000
For Sale

Property Details

Property Type

Commercial Property

Description

Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A

Key Features: • Five Ground Floor Retail Units • Annual Ground Rent Investment • Currently Producing £18,310 per annum • Full Lease Details Available

Location: • Nearest Station: Frome Station • Distance to Station: 0.5 miles

Agent Information: • Address: 24 Bath Street, Frome, Somerset, BA11 1DJ

Full Description: A freehold parade of five ground floor retail units along with annual ground rent investment. Currently producing £18,310 per annum in rent.Property details1 & 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 £6,000pa1a, 5a, 7a, & 9a sold off on 125 leasehold from 1997 with an annual ground rent of £40 per flat.TenureThe property is freeholdServicesAll main services are connected and are the responsibility of the individual tenantBrochuresProperty BrochureFull Details

Location

Address

St. Johns Road, Frome

City

St. Johns Road

Features and Finishes

Five Ground Floor Retail Units, Annual Ground Rent Investment, Currently Producing £18,310 per annum, Full Lease Details Available

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