Offers in region of
£175,000
(£209.08/sq. ft)
Retail premises for saleUnit 1, Strand Quay, Rye TN31
837 sq. ft
EPC Rating: D
Leasehold
About this property
Investment For Sale
For Sale £175,000 Leasehold
Yield 8.57%
Current rent received £15,000pa
Viewing strictly by appointment
Close to Rye town centre
Description
This tenanted Rye modern shop unit is available as an investment.
Location
The property is located in the historic town of Rye occupying a prime trading position adjacent to Strand Quay. The property is a short walk to the main retail High Street with nearby occupiers including local retailers and restaurateurs located close to the river.
Terms
The property is available For Sale at £175,000 Leasehold.
The current rent is £15,000pa on a full repairing and insuring lease from 2nd October 2023. The tenant has a break clause at the third anniversary.
The property is held on a 125 year lease from 1st October 1988 paying a peppercorn rent. Please contact Dyer and Hobbis for further details.
This tenanted Rye modern shop unit is available as an investment.
Location
The property is located in the historic town of Rye occupying a prime trading position adjacent to Strand Quay. The property is a short walk to the main retail High Street with nearby occupiers including local retailers and restaurateurs located close to the river.
Terms
The property is available For Sale at £175,000 Leasehold.
The current rent is £15,000pa on a full repairing and insuring lease from 2nd October 2023. The tenant has a break clause at the third anniversary.
The property is held on a 125 year lease from 1st October 1988 paying a peppercorn rent. Please contact Dyer and Hobbis for further details.
Mortgage calculator
Monthly repayment
£875 per month
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