Guide price
£350,000
(£327.10/sq. ft)
Property for sale28 High Street, Lewes, East Sussex BN7
1,070 sq. ft
About this property
Affluent market town
Commercial element let at £25,000 per annum
Ground Rent income from three flats on upper parts
The premises comprise of a ground and lower ground floor shop and rear patio area which are currently occupied by Value Home Supplies UK Ltd on a 7-year lease from 2024 and paying £25,000 per annum. There is a tenant only break option at the expiry of the 3rd anniversary of the term. The lease is included within the security of the 1954 Landlord and Tenant Act. The upper parts consist of three residential flats, all of which have been sold off on long leases and producing a total of £450 per annum in ground rents.