Petrol Stations for sale in Rushmoor, Farnborough

Commercial Property in Rushmoor available for sale

Retail Properties for Sale Near the Rushmoor, Farnborough

More details for 3 Firgrove Rd, Farnborough - Retail for Sale

Mera Heights - 3 Firgrove Rd

Farnborough, GU14 7TN

Retail for Sale
£275,000 - £330,000
625 - 1,380 sq ft
4 Units Available

Security System
Wheelchair Accessible

Farnborough Retail for Sale

The property will comprise a building of steel construction arranged over five floors offering retail accommodation on the ground floor and residential above. The property will be located on Firgrove Road within Farnborough.

Contact:

Hurst Warne & Partners Surveyors Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

08/10/2024

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97 Lynchford Rd

Farnborough, GU14 6ET

Retail for Sale
£250,000
1,760 sq ft

Commuter Rail

Farnborough Retail for Sale

Available For Sale Freehold, with the benefit of the existing lease dated 29 July 2022, expiring on 28 July 2032, at a current passing rent of £17,500 per annum exclusive, rising to £18,000 per annum from 29 July 2024, and then to £20,000 per annum from 29 July 2027. The existing tenant is BMEX Limited, who have additional retail premises elsewhere. The lease incorporates tenant break options on 28 July 2025 and 28 July 2028. The building comprises a terraced three-storey property, with lower ground floor, which extends the full depth of the property. The 2 residential flats on first and seconds floors have been sold on 125 year ground leases, drawn on general standard terms, and creating minimal ground rent income. The commercial lease includes the retail ground floor area, together with the extensive lower ground floor, which has traditionally been used for retail sales / workshop / storage, and is provided in good order with lighting and extensive fitout. The demise includes kitchen and WC facilities, together with a small private rear yard, accessed internally.