>
Studio flat for sale
Kingsbridge Lane, Ashburton
£255,000
Kingsbridge Lane, Ashburton
£255,000
Our Summary
- We understand that planning consent (now lapsed) was previously approved for a first floor studio flat
Description
This commercial property in Ashburton, Devon, boasts a distinctive stone frontage and is situated directly opposite a large public car park, making it an attractive location for businesses. The property is currently let to a hair salon on a 7-year lease, with a passing rent of £15,000 per annum, and is subject to a tenant break clause. The lease also includes a provision for a rent review in 2029. The property has a modern contemporary finish, with high ceilings and a gas-fired boiler, and previously had planning consent for a first-floor studio flat, although this consent has since lapsed. Ashburton is a bustling town with a strong reputation for antiques and food businesses, attracting thousands of visitors each year.