From
£270,000
(£524.27/sq. ft)
Office for sale25 Sussex Road, Haywards Heath RH16
From 515 - 1,994 sq. ft
Freehold
About this property
Mixed use properties
Busy commercial thoroughfare
Fully let and income producing
Central Haywards Heath
Close to Orchard Shopping Centre
Available together or separately
Description
An opportunity to purchase these freehold investments located in a busy commercial thoroughfare.
Location
Situated in Sussex Road, a busy commercial thoroughfare in Haywards Heath and close to the Orchards Shopping Centre. Traders close by include Tapi Carpets & Floors, Boots, Card Factory and PureGym.
Terms
Offers are invited in the region of the below figures for the freehold interest of the properties (subject to existing tenancy):
25 Sussex Road – £310,000 / 27 Sussex Road – £270,000
Tenant Details
25 Sussex Road - Shop - Let to Connections Residential Letting Agents Ltd on an effective full repairing and insuring (Fri) lease for a term of 10 years from July 2018. The current passing rent is £9,000 pax. Flat – Self-contained 2 bed, kitchen, living room and bathroom. Periodic tenancy having previously been Let on a 12 month AST from October 2022. Rent £750pcm. Council Tax Band B. EPC tbc. Please note - To the rear is a small paved yard. Beyond the yard and segregated by the rear service path for other premises, is a reasonable size garden with single parking space at the far end for the flat and the shop.
27 Sussex Road - Shop – Let to a private individual and held on an effective Fri lease for a term of 12 years from June 2016. The current passing rent is £9,000 pax. The tenant contributes to one third of the cost of the water to the building. Flat – Self-contained 1 bed, kitchenette, living room and bathroom. Assured tenancy with the tenant being in occupation from 1999. Rent £425pcm. Council Tax Band A. EPC C70 (Commercial), Flat tbc.
Rateable Value
25 Sussex Road - £7,200 / 27 Sussex Road - £5,300
An opportunity to purchase these freehold investments located in a busy commercial thoroughfare.
Location
Situated in Sussex Road, a busy commercial thoroughfare in Haywards Heath and close to the Orchards Shopping Centre. Traders close by include Tapi Carpets & Floors, Boots, Card Factory and PureGym.
Terms
Offers are invited in the region of the below figures for the freehold interest of the properties (subject to existing tenancy):
25 Sussex Road – £310,000 / 27 Sussex Road – £270,000
Tenant Details
25 Sussex Road - Shop - Let to Connections Residential Letting Agents Ltd on an effective full repairing and insuring (Fri) lease for a term of 10 years from July 2018. The current passing rent is £9,000 pax. Flat – Self-contained 2 bed, kitchen, living room and bathroom. Periodic tenancy having previously been Let on a 12 month AST from October 2022. Rent £750pcm. Council Tax Band B. EPC tbc. Please note - To the rear is a small paved yard. Beyond the yard and segregated by the rear service path for other premises, is a reasonable size garden with single parking space at the far end for the flat and the shop.
27 Sussex Road - Shop – Let to a private individual and held on an effective Fri lease for a term of 12 years from June 2016. The current passing rent is £9,000 pax. The tenant contributes to one third of the cost of the water to the building. Flat – Self-contained 1 bed, kitchenette, living room and bathroom. Assured tenancy with the tenant being in occupation from 1999. Rent £425pcm. Council Tax Band A. EPC C70 (Commercial), Flat tbc.
Rateable Value
25 Sussex Road - £7,200 / 27 Sussex Road - £5,300
Mortgage calculator
Monthly repayment
£1,350 per month
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