67 Cove Road

Farnborough, GU14 0EX

67 Cove Road, Farnborough, Retail To Let / For Sale - Photo 1.jpg
67 Cove Road, Farnborough, Retail To Let / For Sale - Photo 2.jpg
67 Cove Road, Farnborough, Retail To Let / For Sale - Photo 3.jpg
67 Cove Road, Farnborough, Retail To Let / For Sale - Photo 1.jpg
67 Cove Road, Farnborough, Retail To Let / For Sale - Photo 2.jpg
67 Cove Road, Farnborough, Retail To Let / For Sale - Photo 3.jpg
Under Offer
Property Type Retail
Availability To Let / For Sale
Size 762 sq ft
Price £350,000
Rent £15,000 per annum
Energy Performance Rating This property has been graded as 77 (D)

Retail unit to let in highly visible prominent location, with freehold available for shop and flat.

Location

The property is located in a prominent position on the Cove one-way system, at the junction with Bridge Road, being a busy shopping area with a wide variety of uses including Tesco Express, Ladbrokes, chemist etc. The subject property is located within approx 1/2 m. of Farnborough main centre.
The unit also occupies a strong location, being in the heart of a large residential area which helps to keep a busy and vibrant ambiance to the retail parade.

Key Points

  • Retail unit in highly visible busy shopping area
  • Free customer parking locally
  • Available immediately
  • Freehold for shop and flat available
  • Retail unit immediately ready for fit out

Description

67 Cove Road comprises a large ground floor lock-up retail unit, with glass fronted panels for excellent visibility. The front of the unit is a large, open plan floor space, with WC facilities and 2 smaller rooms to the rear of the shop.
Being part of a strong retail parade, there is plenty of customer parking in the surrounding area just a short walk away.

The unit is ready for immediate fit out, subject to the tenants needs, and the landlord is prepared to contribute a proportion towards these costs.

The freehold for this unit includes a sizable 750 sq ft, 2 bedroom flat, currently occupied with an AST agreement (details below), and a large garden / yard located at the rear of the unit.

Legal Costs

Each party to meet their own legal costs arising out of the transaction.

Lease

The ground floor lock-up retail unit is available on a new lease, with immediate occupation available subject to legal formalities.

The landlord to contribute towards costs of the retail fit-out, subject to agreement.

Freehold

The freehold of this property is also available, comprising both the ground floor lock up and the first floor, (two bedroom) flat.

The flat is currently occupied under an AST agreement at £7,800 pa gross.

Business Rates

Rates payable: £5,401.
Based on a rateable value of £11,000.

This unit has the potential to attract 100% small business rate relief, subject to status. For more information contact Rushmoor Borough Council on 01252 398399.

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