Petrol Stations for sale in Burgess Hill, UK

Commercial Property in Burgess Hill available for sale

Retail Properties for Sale Near the Burgess Hill, UK

25-27 Station Rd

Burgess Hill, RH15 9DE

Retail for Sale
£850,000
3,576 sq ft
1 Unit Available

Energy Performance: E

Burgess Hill Retail for Sale

Prime investment opportunity to buy the freehold of this investment sale.

Contact:

Warrant Properties Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

23/02/2024

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8 Church Rd

Burgess Hill, RH15 9AE

Retail for Sale
£450,000
731 sq ft

24 Hour Access

Burgess Hill Retail for Sale

The property is situated in a convenient spot on the north eastern side of Church Road in Burgess Hill Town Centre close to Burgess hill Train Station situated on the London to Brighton line. Market Place shopping arcade where Waitrose, Wilkinson's & Boots are located. Other nearby occupiers include Cafe Nero, Nationwide, Specsavers & Uncle Sam's as well as a number of local independent traders. MIXED USE, FULLY LET, FREEHOLD INVESTMENT FOR SALE IN MID SUSSEX An attractive terraced building arranged over ground, 1st & 2nd floors. The Ground floor retail unit is let to The Vapour Trail Two Ltd (08205043) with a company guarantee from the The Vapour Trail (Silverhill) Limited (11662351) by way of an effective full repairing & insuring lease from 31st of May2023 for a term of 10 years with provision for a tenant only breaks on the 3rd & 7th anniversaries & a rent review on the 5th anniversary at a rent of £15,000 PA. The lease is subject to a schedule of condition & the landlord also holds a 3 month rent deposit. On the upper floors are 2 self contained 1 bedroom flats. 8a is currently let by way of a AST from 2nd October 2023 at a rent of £850 PCM whilst 8b is let from 24 February 23 on a 12 month tenancy at a rent of £725 PCM. Comprising Fully Let Retail Unit & 2 Self Contained 1 Bedroom Flats Desirable Mid Sussex Location Situated Close To Station Gross yield of 7.53% Offers are invited for the freehold interest in the region of £450,000 with the benefit of the existing tenancies. Based on the total annual income of £33,900 a purchase at this level would produce a gross yield of 7.53%.