Block of flats for sale in Bank Street, Ashford TN23

This is a mid-terraced three storey building prominently located on Bank Street, within Ashford Town Centre.

The property comprises a ground floor, currently on a 10 year lease, rented by florist and opticians. The total income from renting the ground floor premises is £20,000 per annum

The upper floor currently has 5 rooms which can covert to 2 flat with 3 bedrooms. Based on our valuation in this area, average rent for a 3 bedroom flat is: £1,500/ month

Total income if the flats are fully vacant is: £56,000

This property is located on the west side of Bank Street between its junction with Tufton Street and Middle Street in the centre of Ashford, next to the Ashford County Square Shopping Centre

Ashford, one of Kent's designated growth centres, currently has a population of approximately 75,000 inhabitants and is set to grow substantially in the next 20 years. The town is centrally located within the county, benefitting from a fine communications network via the A20/M20 and five mainline railways. Ashford International Passenger station gives direct access to northern continental Europe via Eurostar and London is some 38 minutes distant via hs-1.