Summary
An opportunity to purchase these freehold investments located in a busy commercial thoroughfare.
Key Points
Mixed use propertiesBusy commercial thoroughfareFully let and income producingCentral Haywards HeathClose to Orchard Shopping CentreAvailable together or separatelyTenant Details
* 25 Sussex Road - Shop - Let to Connections Residential Letting Agents Ltd on an effective full repairing and insuring (FRI) lease for a term of 10 years from July 2018. The current passing rent is £9,000 pax. Flat – Self-contained 2 bed, kitchen, living room and bathroom. Periodic tenancy having previously been Let on a 12 month AST from October 2022. Rent £750pcm. Council Tax Band B. EPC TBC. Please note - To the rear is a small paved yard. Beyond the yard and segregated by the rear service path for other premises, is a reasonable size garden with single parking space at the far end for the flat and the shop.
* 27 Sussex Road - Shop – Let to a private individual and held on an effective FRI lease for a term of 12 years from June 2016. The current passing rent is £9,000 pax. The tenant contributes to one third of the cost of the water to the building. Flat – Self-contained 1 bed, kitchenette, living room and bathroom. Assured tenancy with the tenant being in occupation from 1999. Rent £425pcm. Council Tax Band A. EPC C70 (Commercial), Flat TBC.
Rateable Value
25 Sussex Road - £7,200 (Rateable value from 1st April 2026 - £9,700) / 27 Sussex Road - £5,300 (Rateable value from 1st April 2026 - £7,300)
Location
Situated in Sussex Road, a busy commercial thoroughfare in Haywards Heath and close to the Orchards Shopping Centre. Traders close by include Tapi Carpets & Floors, Boots, Card Factory and PureGym.
Terms
Offers are invited in the region of the below figures for the freehold interest of the properties (subject to existing tenancy):
25 Sussex Road – £310,000 / 27 Sussex Road – £270,000