Petrol Stations for sale in the Crowborough, UK

Commercial Property in Crowborough available for sale

Retail Properties for Sale Near the Crowborough, UK

2 London Rd

Crowborough, TN6 2TT

Retail for Sale
£450,000
504 sq ft

Crowborough Retail for Sale

Freehold Mixed Use Investment For Sale. The property comprises a ground floor lock up shop with a two bedroom self contained flat above. To the rear there are additional residential units which are not included in the sale. The ground floor is currently let to Arun Estates.

Contact:

Cradick Retail

Property Subtype:

Shopfront Retail / Residential

Date on Market:

03/06/2024

Hide

More details for High St, Crowborough - Retail for Sale

Belmont Buildings - High St

Crowborough, TN6 2QB

Retail for Sale
£250,000
1,144 sq ft

Crowborough Retail for Sale

Investment Consideration: Gross Initial Yield: 6.40% Rental Income: £16,000 p.a. VAT is applicable to this property Let until 2038 (No Breaks). Rent review (open market) every 5th year Comprises ground floor restaurant with ancillary accommodation at first floor Occupiers close by Boots, Santander, NatWest, Barclays and WHSmith amongst others. Property Description: A mid terraced building comprising ground floor restaurant with ancillary accommodation at first floor (internally accessed), providing the following accommodation and dimensions: Ground Floor: 58 sq m (624 sq ft) Open plan restaurant (60 covers) First Floor: 48 sq m (520 sq ft) Full Kitchen, Storage, Customer and Staff WCs Tenancy: The property is at present let to Tiger Family Ltd (with personal guarantor) for a term of 20 years from 4th September 2018 at a current rent of £16,000 per annum and the lease contains full repairing and insuring covenants. Rent review (open market) every fifth year. Deposit held of £4,000. Location: Located in Crowborough town centre adjacent to Morrisons and The Original Factory Shop, close to WHSmith, Santander, Boots Pharmacy, Costa Coffee and a host of local traders. Crowborough lies approx. 21 miles north east of Brighton, 24 miles south of Croydon and benefits from good road links via the A26.