Summary
The ground floor commercial units are currently occupied by Smoque burgers at unit 33 and Generous Kebabs at unit 35. The self contained flat of 33a is accessed at the front of the property whilst 35a is accessed from the rear. The flats comprises 2 bedrooms, living room, kitchen and bathroom. The property also has a parking space to the rear of the property. The flat was converted in 2021 under the planning reference DM/21/3397.
Key Points
Offers invited in the region of £695,000 for the Freehold InvestmentDesirable Mid Sussex LocationNear the Railway StationComprising 2 Commercial units and 2 Residential unitsFully LetAML
Potential tenants will be required to provide appropriate identification and proof of address in line with anti-money laundering regulations. There will be a charge of £50 plus VAT per person requiring a search to be carried out.
Tenancies
33 -Ground floor let to private individual trading as Smoque Burgers on a 10 year lease from 8 September 2016 at a passing rent of £12,900 per annum exclusive. The flat is let on an assured shorthold tenancy at a rent of £1,250 pcm (£15,000 pa).
35-Ground floor commercial unit is let to two private individual trading as Generous
Kebabs on a 12 year lease from 25 March 2016 at a passing rent of £12,650 per annum
exclusive. The flat is let on an assured shorthold tenancy at a rent of £1,250 pcm (£15,000 pa)
Location
This property is situated centrally on the busy Station Road in Burgess Hill Town Centre. Up the road you have Burgess Hill Railway Station, with regular trains coming from London and Brighton. Market Place shopping arcade where Waitrose, Wilkinson's & Boots are located nearby. Other nearby occupiers include Cafe Nero, Nationwide, Specsavers & Uncle Sam's as well as a number of local independent traders.
Terms
The freehold investment is available to purchase with offers invited in excess of £695,000 for the freehold interest subject to the existing tenancies.