Potential to extend into garden subject to consents
Prominent High Street shop premises for sale close to branches of Boots and the Original Factory Shop. Other businesses close by include Cro Jewellers and the Fernbank Shopping centre with lead tenant Morrisons and car park.
Shop overall 44.8 sq m (477 sq ft). The premises are let for a term expiring August 2023 at a rent of £8,000pa. They trade as a barbers. We are advised the upper parts are sold on a long leasehold interest of 189 years from 2003 with no ground rent payable. The tenant pays an annual maintenance fee of £500 and is responsible for 3/4 building insurance. To the rear of the premises is a good size garden with outbuilding let under license to the flat occupier. Subject to obtaining any necessary consents it is considered there is potential to develop in this area.
Offered for sale freehold subject to the above lettings