Property description
Freehold retail investment located on a prominent pitch near the Co-op on Godstone Road in Kenley. This retail property is currently trading as a convenience store and off license and is of a good internal condition and specification throughout. The shop is let on a 21 year lease from 2005 and currently has approximately 13 years left unexpired on the current lease. The current passing rent is £10,000 per annum and there are two ground rents of £50 per annum each for two residential long leasehold interests above. Total rental income £10,100 per annum.
Property Features :
- FREEHOLD RETAIL INVESTMENT
- £10,100 PER ANNUM INCOME STREAM - 7.2%
- LONG UNEXPIRED LEASE
- GOOD INTERNAL CONDITION