The premises comprise a spacious ground floor shop/office with access to basement storage. There are two self-contained flats, sold on long leases.
Location
Situated in the heart of Horam occupying a very prominent position on the main road. Other businesses close by include a convenience store, a hair salon, an estate agents and a CoOp supermarket. The premises are approx. 3.6 miles south of Heathfield town centre and 6 miles north of Hailsham via the A267.
Accommodation
Main shop/office
Front area 1
Depth 30' (9.2m)
Internal width 16'9" (5.0m)
After a depth of 9'6" (2.9m) narrowing to: 11'3" (3.4m)
390 sq ft (36.2 sq m)
Front area 2
16' x 15' (4.9m x 4.6m)
240 sq ft (22.3 sq m)
Rear section
12'3" x 9'9" (3.7m x 3.0m)
119 sq ft (11.1 sq m)
Total ground floor shop/office area 749 sq ft (74.2 sq m)
Kitchenette 6'3" x 5'3" (1.9m x 1.6m) 33 sq ft (3.1 sq m)
Basement store
15'6" x 19'6" (4.7m x 5.9m) 302 sq ft (28.1 sq m)
Ground floor shop + kitchenette 782 sq ft (72.6 sq m)
Basement 302 sq ft (28.1 sq m)
Total 1,084 sq ft (100.7 sq m)
Terms
Price: £165,000 for a share of the freehold interest, owned jointly with the owners of the basement flat and the 1st & 2nd floor flat, + a 125 year lease from 29/9/10 for the ground floor & basement at a peppercorn rent.
125 year lease from 29/9/2010 for the 1st & 2nd floor flat.
125 year lease from 30/11/2011 for the garden flat.
No ground rents are paid.
There is a management company 3B Buildings Ltd which runs the building. Costs of maintaining the exterior of the building & building insurance are divided 40% to the ground floor + basement, 35% to the 1st & 2nd floors and 25% to the garden flat. Monies are not collected in advance but on an as needed basis.
The title states the premises cannot be used as a chemist, for the frying of fish or sale of, a general clothier or outfitters, sale of footwear, an ironmongers or household supplies, nor the business of a plumber, undertaker, building contractor, decorator or further ancillary trades.
Rates: Local Authority: Wealden SBR(26/27): 43.2p
Rateable value : £16,500
VAT: Under the Finance Act 1989 VAT may be chargeable on the price. It is recommended that a prospective purchaser should make their own enquiries to establish whether or not VAT is chargeable prior to entering into an agreement.
EPC: The Vendor has been advised that an up to date energy performance certificate is required.
Services: The mention of any appliances and/or services in these details does not imply they are in full and efficient working order.
Specification
- Prominent Main Road Position
- Excellent Picture Windows