Summary

Property Type Investment
Tenure For Sale
Size 1,101 sq ft
Rates Payable Upon Enquiry
EPC Rating This property has been graded as E (116)
  • Close town centre
  • Off-street car parking
  • 2 bay garage
  • Gardens front and rear
  • Currently fully let

About

Mixed commercial and residential investment opportunity.

Commercial - dental practice arranged as 3 surgery rooms, some air conditioned, centrally heated, together with kitchen/staff room, stores, comms room and decontamination room and having a usable area of 102.7 sq m (1,101 sq ft). There is useable basement currently used for storage and housing a gas boiler. Externally to the rear there is a 2 bay garage. There are also gardens to front and rear together with off-street car parking. The premises are let to ADP Dental Company Limited for a term of 15 years from November 2011 at a rent of £20,000pa. There are rent reviews at 5th and 10th anniversary although the rent hasn’t increased over the term. The tenant is no longer trading from the premises.

Residential - 2 flats over both sold on long leases

Flat 2 – let for a term of 99 years from 1999 with the tenant paying a ground rent of £50.00pa rising to £100.00pa at 33 years and £150.00 at 66 years together with a service charge

Flat 3 – let for a term of 99 years from 1999 with the tenant paying a ground rent of £50.00pa rising to £100.00pa at 33 years and £150.00pa at 66 years together with a service charge

Offered for sale freehold, subject to the above leases. Offers sought in the region of £330,000

Location

Occupying a prominent position on Cantelupe Road in the centre of Bexhill. Dental surgery over ground floor and basement, currently let, together with 2 flats over, both sold on long leases, offered for sale. There are delightful gardens to both the front and rear together with a 2 bay garage and off-street car parking.

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