5 High Street
Hailsham, BN27 1ALThe Space
FREEHOLD INVESTMENT AVAILABLE ON HAILSHAM HIGH STREET
At a glance
| Property Type | Investment / Offices / Other / Retail |
| Tenure | For Sale |
| Size | 1,671 sq ft |
| Price | Offers in excess of £299,000 |
| Business Rates | £5,832 per annum This property qualifies for small business rates relief. |
| Energy Performance Rating | Upon enquiry |
Polegate
57 mins
Pevensey and Westham
83 mins
Berwick (Sussex)
84 mins
Hampden Park (Sussex)
90 mins
Caterham
627 mins
Whyteleafe South
652 mins
Knockholt
653 mins
Upper Warlingham
659 mins
Key Points
- Freehold - £299,000
- Fully let commercial space and x2 vacant flats above
- Prominent location
Description
Ground floor retail unit with x2 flats above. The retail element comprising a shop with W/C, Kitchen and storage to the rear. The flats are both 1 bedroom and in need on renovation.
The commercial element is let by way of an FRI lease of 10 years from 24th June 2022 with a rent review due on 24th June 2027, currently producing an income of £16,500 pax. The flats are both vacant.
Available area
The accommodation comprises the following areas:
| Name | Building Type | sq ft | sq m | EPC |
|---|---|---|---|---|
| Ground | Retail | 914 | 84.91 | C (70) |
| 1st | Residential | 474 | 44.04 | D (68) |
| 2nd | Residential | 283 | 26.29 | D (61) |
| Total | 1,671 | 155.24 |
The Location
Situated on the western side of High Street, Hailsham, just north of the junction intersecting George Street and Vicarage Road. Vicarage field is to the north with Hailsham Recreation Ground to the west.
Terms
The freehold interest is available to purchase with offers invited in the region of £299,000.
AML
In line with the relevant legislation, Anti-Money Laundering checks will need to be carried out on all relevant parties. We charge £30 +VAT for this service.