High Street Retail Property for sale

1, High Street, Hailsham


£320,000
2,747 ft²

Features

  • Both at a current ground rent of £50 pa
  • Current ground rent is £100pa with a rent review on 1/01/2031.
  • Flats have also been sublet on two separate leases for a term of 124 years and 360 days
  • Former Natwest Bank premise For Sale
  • In addition there is a small retail unit at ground floor level let to Sussex Taxis Ltd
  • Part of the first and the whole of the second floor has been sold off on a long lease

Description

Keypoints

* Former Natwest Bank premise For Sale
* Part of the first and the whole of the second floor has been sold off on a long lease
* Current ground rent is £100pa with a rent review on 1/01/2031.
* Flats have also been sublet on two separate leases for a term of 124 years and 360 days
* Both at a current ground rent of £50 pa
* In addition there is a small retail unit at ground floor level let to Sussex Taxis Ltd

Description

The property is situated in a prominent corner position, where the High Street meets George Street. Nearby occupiers include a number of independent retailers, with the national multiples such as Holland & Barrett, Superdrug, Costa and Poundland located north of the property within the Quintins Centre.

The property is arranged over basement, ground and two upper floors.

Categories

High Street Retail PropertyOut Of Town Retail Property
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Property reference
13696