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44 High St 3,041 sq ft Retail Property Lewes BN7 2DD £450,000 (£147.98/sq ft)
Investment Highlights
- Situated in the heart of the County Town of Lewes
- Bus services are nearby and main road links are easily accessible
- Lewes Railway Station five minutes’ walk away
Executive Summary
A Grade II listed mid-terraced property with accommodation arranged on four floors. The building dates from 1613 and a pharmacy has been known to operate from the premises since at least 1887, and most likely earlier.
Let on a full repairing and insuring lease to H.A. Baker (Lewes) Limited for a term of 15 years from 1st August 2019, current rent is £30,000 per annum, subject to a rolling break clause, rent reviews every 5 years, upward only. A Schedule of Condition was prepared at the commencement of the lease. A copy of the lease is available on request.
Let on a full repairing and insuring lease to H.A. Baker (Lewes) Limited for a term of 15 years from 1st August 2019, current rent is £30,000 per annum, subject to a rolling break clause, rent reviews every 5 years, upward only. A Schedule of Condition was prepared at the commencement of the lease. A copy of the lease is available on request.
Property Facts
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
3,041 sq ft
Costar Property Class
C
Year Built
1990
Price
£450,000
Price per sq ft
£147.98
Tenancy
Single
Number of Floors
3
Plot ratio
1.75
Total Plot Size
0.04 ac
Frontage
19 ft on Station Street
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Nearby Major Retailers
1 of 4
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44 High St
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