The premises comprise a ground floor lockup vacant shop which is available to rent. The freehold of the entire building is also available.
Location
Situated in a superb trading location being at the junction of Croft Road, The Broadway and the High Street. The premises are only a few yards from the Fernbank shopping centre anchored by by Morrisons. Close by are branches of WH Smith, Sussex Stationers, Costa Coffee, Vision Express and M & Co.
Accommodation
Shop
Front section
Depth 35’ (10.7m)
Internal width 14’6” (4.4m)
506 sq ft (47.0 sq m)
2 steps up to:
Rear section
Depth 20’ (6.1m)
Internal width 10’ (3.0m)
200 sq ft (18.6 sq m)
Total sales area 706 sq ft (65.6 sq m)
Windows to the rear providing natural light.
Door to:
Small rear covered area
Store with boiler7’ x 6’9” (2.1m x 2.1m) 47 sq ft (4.4 sq m)
Separate w.c. with hand basin.
Door to outside passageway leading back to High Street.
1st & 2nd Floors - Formerly offices but now vacant
Overall 5 rooms + kitchen & 2 w.c.s with separate access from rear of building - 867 sq ft (80.5 sq m)
Terms
Freehold - £370,000 for the freehold interest with vacant possession.
Letting - New 5 or 10 year lease on a proportionally full repairing and insuring basis of the ground floor shop at a rent of £16,000 pa exclusive of rates.
PLANNING - Under Planning Reference WD/2020/2698/P01 it has been confirmed that conversion of the upper parts from offices to 2 flats can proceed without prior approval subject to the proposed scheme.
RATES - Local Authority: Wealden SBR (22/23): 49.9p
Rateable value: Ground floor: £11,250
Upper floors: delisted
N.b. Eligible businesses occupying a property with a rateable value of less than £15,000 may be entitled to small business rate relief with properties having a rateable value of £12,000 or less paying no rates. Further details may be found at www.gov.uk/apply-for-business-rate-relief.
VAT - Under the Finance Act 1989 VAT may be chargeable on the rental/price. It is recommended that a prospective tenant/purchaser should make their own enquiries to establish whether or not VAT is chargeable prior to entering into an agreement.
SERVICES - The mention of any appliances and/or services in these details does not imply they are in full and efficient working order.