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Office Investment For Sale, Units 1 and 2 The Old Brewery, Thomas Street, Lewes, BN7 2FQ

4,720 Sq Ft / Offices

For Sale - £885,000.00

Available - Last updated: 02 March 2023

The Old Brewery is a refurbished Grade II listed building which has been sympathetically and comprehensively refurbished and converted to provide 12 homes plus 4,720 sq ft of characterful ground floor office space very much in line with the type of space demanded by many Lewes based occupiers.

The large courtyard to the south allows room for parking and turning. Four car bays are allocated to the offices (two for Office Unit One and two for Office Unit Two).

A pedestrian link through to Davey's Lane allows permeability to the retail and commercial facilities in Brooks Road.

( Agency Pilot Software ref: 24425 )

Location

Lewes is the county town of East Sussex and is located approximately nine miles East of Brighton, 17 miles North West of Eastbourne and 50 miles South of London. Lewes is served by a mainline station which links London Victoria, Brighton and Gatwick. The property occupies a commanding position at the northern end of Thomas Street, which is very close to both the Lewes entrance to the Cuilfail Tunnel and to the Brooks Road commercial area which contains Tesco, Lidl, Caffyns, and many other organisations and businesses. Access to the Cuilfail tunnel is very quick and this links to the A27 and wider road network.

Lewes has a direct fast train service to London with links to London in just over an hour and to Brighton in under 20 minutes. The town offers an excellent range of shops including 2 prime supermarkets, Waitrose and Tesco, along with a variety of independent medieval and Georgian high street shops.

Terms

HOUSING ACT NOTICES Due to the existence of the long leasehold flats above, Housing Act Notices will need to be served before completion and our clients have this in hand.

EPC The property has an EPC rating of B.

VAT The building has been elected for VAT, it is intended that the sale will be treated as a TOGC.

PROPOSAL Offers are invited in excess of £885,000. A purchase at that level will show a yield of 8.75% after allowing normal purchaser`s costs.

Specification

• Well let offices in Lewes, the County Town of East Sussex
• Let until 2025/6 at £81,919 pa
• Car parking for both office suites
• Close to shops and Lewes town centre
• Ground rent income from 12 flats
• OIEO £885,000
• A purchase at this level would show a net yield of 8.75%

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £885,000.00 NA

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Martin Clark

SHW

01273 803032



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