
Attractive Opportunity to Acquire Freehold for
Investment Property next to Fleet High Street,
With Estimated Rental Income of £75,800 PA.
King’s Road, Hampshire, GU51 3AD.
OFFERS INVITED



























Situated on Kings Road, in Fleet, Hampshire, just off the far-end of the highstreet,
there is a unique opportunity to acquire this freehold investment property,
which consists of the following:
a ground floor double-fronted shop,
a detached flat roof two-bedroom bungalow,
a recently-refurbished HMO above the shop
and two ground floor flats.
The property enjoys extremely easy access to Fleet Town centre
with all its facilities as well as a Five minute walk to Fleet Train Station,
which sits on the Waterloo mainline and offers
a 45 minute commute into the centre of London.
For drivers, Junction 4a of the M3 is a short 3-mile drive.
The ground floor shop is currently leased to a hair salon,
with a rental income of approximately £6,000 per annum.
This tenant has been in occupation for several years
and appears to be perfectly happy to remain
in the current premises for some considerable time to come.
To the rear of the property, there is a detached flat-roof two-bedroom bungalow,
producing around £1,100 per calendar month in rental income.
The two ground floor flats have their own separate entrances
and these are currently let on an AST Agreement
which currently each produces approximately
£900 per calendar month.
Above the hairdressers, the HMO consists of the following:
Five double bedrooms, one with its own ensuite bathroom,
An as yet unfurnished single lettable room.
Two communal bathrooms
A communal lounge, kitchen and dining area
And a first floor enclosed balcony for smoking and recreational use.
Each double room should receive a weekly income of around £125-£135 per calendar week.
The single room should produce around £100-£110 per calendar week, once furnished.
Part of the HMO consists of a flying freehold over the ground-floor shop.
There is no designated parking included across this whole opportunity.
Once this investment is fully let, it should generate an income
of approximately £75,800 per annum, before bills and outgoings.
Offers are invited for this freehold opportunity, and agent’s fees will be required.
OFFERS INVITED
Agent’s Fees Required