Overview
Description
Fine Property UK is proud to present an excellent opportunity to acquire a fully let freehold retail investment on Feltham Road, Ashford.
The property comprises a ground-floor retail unit with first-floor ancillary accommodation and extends to approximately 800 sq. ft. It is currently let on a Full Repairing and Insuring lease, producing £12,000 per annum, with the lease expiring in December 2029.
The property also offers attractive development potential, with scope to create up to three self-contained one-bedroom flats, subject to planning permission and all necessary consents. This presents an opportunity to increase both the future rental income and capital value of the asset.
Conveniently located near Ashford railway station, Ashford Recreation Ground, local shops and amenities, the property is well positioned for both commercial and potential residential use.
Key Features
- Freehold retail investment
- Asking price: £475,000
- Ground-floor retail unit
- First-floor ancillary accommodation
- Current rental income: £12,000 per annum
- FRI lease expiring December 2029
- Approximately 800 sq. ft.
- Potential for 3 × one-bedroom flats, subject to planning
- EPC rating: C
- Close to Ashford railway station
- Near Ashford Recreation Ground and local amenities
