• Investment

42/42a, Cove Road, Farnborough

GU14 0EN

Size sq ft

Rent £250,000

Retail investment

  • Hairdresser and barber retail units
  • Selection of retail and residential ground rents
  • Prominent location in established retail area
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The sale comprises 2 parcels of property. 42/42a Cove Road comprises a ground floor front hair salon, and separate rear barbers unit, both leased on standard commercial terms. It includes ground rent income from the residential flat above. n
In respect of 42/42a Cove Road, the front retail unit produces u00a313,500 per annum exclusive, with u00a35,000 per annum from the rear barber unit (held separately). n
The overall income is just over u00a318,650 per annum.
Property type Investment
Size sq ft
Tenure For Sale
Rent £250,000
Promo INVESTMENT
42 COVE ROAD nGround Floor - held under lease until 29 April 2027 at u00a313,500 per annum
Ground Floor Rear - the current lease is currently being renewed at a rent of u00a35,000 per annum exclusive. nFirst Floor Residential Flat - held under 125 year lease from 01 January 2007 at u00a3150 per annum ground rent.

15ab53301b32a585c8facc3e913d222a.pdf

The sale comprises 2 parcels of property. 42/42a Cove Road comprises a ground floor front hair salon, and separate rear barbers unit, both leased on standard commercial terms. It includes ground rent income from the residential flat above. n
In respect of 42/42a Cove Road, the front retail unit produces u00a313,500 per annum exclusive, with u00a35,000 per annum from the rear barber unit (held separately). n
The overall income is just over u00a318,650 per annum.
Property type Investment
Size sq ft
Tenure For Sale
Rent £250,000
Promo INVESTMENT
42 COVE ROAD nGround Floor - held under lease until 29 April 2027 at u00a313,500 per annum
Ground Floor Rear - the current lease is currently being renewed at a rent of u00a35,000 per annum exclusive. nFirst Floor Residential Flat - held under 125 year lease from 01 January 2007 at u00a3150 per annum ground rent.

15ab53301b32a585c8facc3e913d222a.pdf

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