FREEHOLD INVESTMENT AVAILABLE ON HAILSHAM HIGH STREET

 

Summary

  • Freehold - £299,000
  • Fully let commercial space and x2 vacant flats above
  • Prominent location

Accommodation

The accommodation comprises the following areas:

NameBuilding Typesq ftsq mEPC
Ground Retail 914 84.91 C (70)
1st Residential 474 44.04 D (68)
2nd Residential 283 26.29 D (61)
Total1,671155.24
5 High Street - 20260129_112127.jpg

Location

Situated on the western side of High Street, Hailsham, just north of the junction intersecting George Street and Vicarage Road. Vicarage field is to the north with Hailsham Recreation Ground to the west.

Get directions from Google Maps

Further Information

Price Offers in excess of £299,000

Rates Payable £5,832 per annum This property qualifies for small business rates relief.


Description

Ground floor retail unit with x2 flats above. The retail element comprising a shop with W/C, Kitchen and storage to the rear. The flats are both 1 bedroom and in need on renovation.
The commercial element is let by way of an FRI lease of 10 years from 24th June 2022 with a rent review due on 24th June 2027, currently producing an income of £16,500 pax. The flats are both vacant.

Terms

The freehold interest is available to purchase with offers invited in the region of £299,000.

AML

In line with the relevant legislation, Anti-Money Laundering checks will need to be carried out on all relevant parties. We charge £30 +VAT for this service.