The property comprises ground floor and basement retail accommodation, currently occupied by Sarah Lacey dry cleaners who have been here a number of years. There is also a self-contained 1-bedroom flat at part ground floor level, along with 3 rooms to the first floor with shared facilities and a one-bedroom unit comprising landing, bedroom, sitting room/kitchen and shower room at the second floor. There is a laundry room.
Location
The property is situated within a predominantly residential area of the town, located on the corner of College Road, which meets the Balcombe Road and Mill Green Road.
Haywards Heath mainline railway station is approximately 5 minutes by foot and the main shopping area is approximately a further 10 minutes by foot.
Accommodation
The premises have the following approximate internal floor areas:
Basement (NIA) - 774 sq ft (71.91 sq m)
Ground Floor Retail (NIA) - 314 sq ft (29.17 sq m)
Ground Floor 1-Bed Flat (GIA) - 548 sq ft (50.91 sq m)
First Floor 3 Rooms - 975 sq ft (90.58 sq m)
Second Floor - 1-Bed Unit - 537 sq ft (49.89 sq m)
Total - 3,148 sq ft (292.46 sq m)
Terms
Tenure - The property is available by way of a sale of the freehold interest, subject to the existing tenancies.
Price - £XXX Offers are invited in the region of
EPC Rating - B (48)
Tenancies - Part Ground Floor and basement:- The existing tenant has agreed a new 20 year lease commencing on 1st January 2020 at £XXX per annum exclusive with rent reviews every 5th anniversary, and a tenant only break clause at the 10th anniversary of the term.
The ground floor flat is currently let by way of an Assured Shorthold Tenancy, producing £XXX per annum.
The 3 rooms and second floor unit provide a combined income of £XXX per annum.
In summary, the total income currently receivable is £XXX per annum.
Business Rates - We advise that you contact the Local Rating Authority for confirmation of the actual amount payable. The flat, 3 rooms and the second unit fall under Council Tax Band B.
VAT - VAT will not be applicable on the terms quoted.