North Street, Ashburton
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Town Centre Commercial Investment
- Passing Rent £8700 Per Annum
Description
Tenure: Leasehold
Description
This is an opportunity to acquire an investment (business unaffacted) in one of the main streets of the busy town of Ashburton consisting of a lock-up premises let to a coffee shop business which opened in April 2018.
The original lease is dated January 1st January 2018 for a term of 2 years and the tenant is holding over. The passing rent is £725 pcm.
The premises measure 25'7" x 12'7" with a large window to North Street and there is a Cloakroom/WC at the rear.
Tenure
The premises are held on a 999 year lease from 21 December 1984 with a Ground Rent of £25. We understand the freehold is held by 19 North Street which is laid out to the right and over 19A North Street. 19a contributes 38.84% to the insurance of the building (£304.15 at last renewal) and 38.84% to any uninsured repairs to the building as a whole.
Brochures
BrochureNorth Street, Ashburton
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Totnes Station6.2 miles
About the agent
Howard Douglas, Ashburton
2 North Street, Ashburton, TQ13 7QD
Established in May 1998 by Howard J. Douglas, who has been an Estate Agent in the local area for 38 years, - the company has an enviable success rate and reputation within the community.
We pride ourselves on the friendliness and expertise of our staff. A fact endorsed by the numerous clients who have returned to us time after time to sell or let their property and who appreciate the personal attention and professionalism which is at
Industry affiliations
Notes
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