A rare opportunity to acquire the freehold of a town centre retail / office premises that has recently been converted and refurbished.
The freehold comprises of a vacant ground floor and basement office / retail premises with the residential upper parts being sold off on a long leasehold basis. The property benefits from having been refurbished throughout to include three phase electricity, LED strip lighting, traditional wooden floorboard flooring and 17ft window frontage. The property is presented ready for immediate fit out.
This opportunity is suitable for both owner occupation and investment and would suit a variety of uses from retail, office, leisure and medical (subject to any consents) and viewing is therefore highly recommended.
Location
Burgess Hill is situated in Mid Sussex and is conveniently located for easy access to the A23/M23 and M25 motorways. Haywards Heath is approximately 4 miles to the north whilst the city of Brighton is approximately 10 miles to the south.
Station Road is the main thoroughfare through the town and the mainline train station is located only 2 minutes by foot from the premises, providing easy access to the South Coast, London Victoria and beyond.
Nearby occupiers include supermarkets, popular restaurants and fast food outlets and a plethora of independent and regional occupiers.
Accommodation
The property has the following approximate floor areas:
Ground Floor - 442 sq ft
Basement - 267 sq ft
TOTAL AREA - 708 sq ft
Terms
Terms - The property is available freehold with vacant possession of the ground floor with the upper parts being sold off on long leases. Further details available upon request.
Guide Price & VAT - £125,000 (One Hundred & Twenty Five Thousand Pounds)
VAT is not to be charged on the quoting terms.
Business Rates - The property is to be re-rated by the VOA (Valuation Office Agency) once the refurbishment works are concluded. The previous rateable value was £11,000 and included all floors. It is therefore felt that 100% small business rates relief should be applicable at this property. Interested parties are asked to verify this information with the local authority prior to making any formal offer.
Legal Costs - Each party to pay their own legal costs
EPC - D(88)
Anti-Money Laundering - In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the purchaser or tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.
Specification
- Situated in Heart of Burgess Hill, Close To Mainline Railway Station
- Nearby Occupiers Include Waitrose, Uncle Sams, McDonalds and a Host of Independent & Regional Occupiers
- Suit Variety of Uses (stpc)
- Potential To Produce Circa £10,000 Per Annum Exclusive
- Upper Parts Sold Off on Long Leases
- Viewing Highly Recommended