Two Shop units and 4 flats available for sale.
Location
Situated in a prominent position on a busy arterial route, close to an extensive parade of local shops and a busy Tesco Esso Express service area. Frequent bus services serve this location, and Woodingdean Library, the Nuffield Hospital, Downs View School and Woodingdean Primary School are in the vicinity. The premises have a frontage to Warren Road and Vernon Avenue.
Accommodation
Ground Floor - Retail - Arranged as two shop units (236 sq ft amd 198 sq ft). The tenant is holding over under the terms of a six year lease from 1 June 2011 at a current rental of £XXX pa ex. The lease is within the 1954 Landlord & Tenant Act. The tenant has indicated they would like a new lease.
Garage - 310 sq ft - shared use between residential tenants
1st Floor
Flat 1 - Let on AST from 25 May 2017 at present rental of £XXX pa
Flat 2 - Let on AST from 19 May 2017 at present rental of £XXX pa
2nd Floor
Flat 3 - Let on AST from 16 August 2017 at present rental of £XXX pa
Flat 4 - Let on AST from 25 May 2015 at present rental of £XXX pa
Total present rental income £XXX per annum
Terms
Offers are invited in the region of £XXX for the Freehold interest.