Summary

A freehold investment opportunity comprising of an A1 retail premises currently let to a ladies clothing shop and an A3 restaurant premises forming part of an attractive Grade II listed building situated close to the centre of Marlborough. Producing just under £42,000 per annum.


Description

A freehold investment opportunity of an imposing Grade II List building situated in the centre of this highly regarded market town.
The property comprises of two commercial units on the ground comprising of an A1 retail unit currently to a ladies dress shop on a recently renewed lease for a term of 5 years. The passing rent on this unit (47a) is £14,277 per annum exclusive.
The other premises is a to an Indian restaurant for a term of 20 years which commenced on the 20th December 2001 (Expires 19th December 2021. The passing rent on this unit (47b) is £27,000 per annum exclusive.

Please note that the upper floors have been sold off on long leases with, we believe a peppercorn ground rent payable.

Current total rental income: £41,277.

All viewings on the property, strictly be appointment with the vendors Sole Agents, Ballards Estate Agents.
Tel 0118 932 0044

Location

Situated in the centre of Marlborough, a popular market town with it picturesque and broad High Street leading up to the Town hall. The town supports many small villages and hamlets which surround the down as well as drawing visitors and tourists attracted to the vibrant shopping streets, cafes, restaurants and bars.
Marlborough is just 8 miles from Junction 15 of the M4 motorway with main train services available from Swindon and Pewsey.

Directions

The post code is SN8 1JE
The property is situated behind and to the left of the town hall as you approach from High Street in the centre of Marlborough

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