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Guide price
£235,000

Property for sale

St. Johns Road, Frome
Property
Added > 14 days

Features and description

  • Five Ground Floor Retail Units
  • Annual Ground Rent Investment
  • Currently Producing £18,310 per annum
  • Full Lease Details Available
A freehold parade of five ground floor retail units along with annual ground rent investment. Currently producing £18,310 per annum in rent.

Property details
1 & 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.

Tenure
The property is freehold

Services
All main services are connected and are the responsibility of the individual tenant

There are no landlord/communal areas to the building.The buildings insurance is the responsibility of the freeholder and reimbursement is subject to the terms individual leases.All rates are payable by the tenants There are copies of the leases available in the office.

Tenure: Freehold

Property information from this agent

About this agent

Rogers & Company - Frome
Rogers & Company - Frome
24 Bath Street Frome, Somerset BA11 1DJ
01373 316553
Full profileProperty listings
Rogers & Company Estate Agents COVERING FROME AND SOMERSET The Selling and Letting of property is what we do; but as a business we are so much more than that. From the team we employ to the way we work and operate – We are more than just an estate agent. Becoming and staying a successful Estate Agency isn’t actually about property; it’s about people. We have been able to evolve as a business knowing we have the best local knowledge on our team, and who are totally committed to delivering a personal, proactive and highly professional service that is tailored precisely to your needs, rather than comply with the traditional ‘one-size-fits-all’ formulas. We pride ourselves on our knowledge and service. It’s about people, not solely property.
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