Retail Property - High Street For Sale
The Property is situated in a prominent corner position at the junction of Church Road and Elm Park which is the main access to Sainsburys. Other multiple and local retailers are represented nearby together with a number of restaurants.
A two storey property with rear parking for 3 cars. Estate Agents offices to both floors.
There is storage space within the loft with access via a staircase.
The approximate net internal floor areas are as follows:-
|Ground Floor||605 sq ft|
|First Floor Offices||370 sq ft|
The whole Property is let to Stones Residential (Stanmore) Limited with 2 personal guarantors. Lease 10 years from 22.02.2016. Current rent £26,500 pax. The tenant has been established 10 years. As at 31st December 2020 they had stated shareholders funds of £226,940 and a good credit rating.
£500,000 VAT not chargeable.
Each party to bear their own legal costs.
An Energy Performance Certificate (EPC) is available upon request. The property has an Asset Rating of E (111)
Strictly by appointment through VDBM on 01923 845222.