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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
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