£115,000
(£229.08/sq. ft)
Retail premises for sale3 Old Bank Chambers, London Road, Crowborough TN6
502 sq. ft
Leasehold
About this property
Prime town centre location
Rare sale opportunity
Income producing asset
Generating income of £9,000 per annum exclusive
Rent considered reversionary
Long-Leasehold Interest for sale
Description
A rare opportunity to acquire a long-leasehold commercial investment producing immediate rental income, offered subject to an existing occupational tenancy.
The property is held on a 125-year head lease from 1996 at a peppercorn ground rent, providing approximately 95 years unexpired. The premises are currently let on a 5-year occupational lease from 18 September 2025, generating a passing rent of £9,000 per annum exclusive.
Both floors are fitted out in accordance with the tenant’s business as an established barbers in the town. Each floor is open plan, save for the single WC located on the first floor.
Offers invited, subject to the commercial lease, for the long-leasehold interest at £115,000, subject to contract only
Location
Located on London Road in the centre of Crowborough, the property occupies a prominent position within an established commercial area close to local amenities and transport links.
A rare opportunity to acquire a long-leasehold commercial investment producing immediate rental income, offered subject to an existing occupational tenancy.
The property is held on a 125-year head lease from 1996 at a peppercorn ground rent, providing approximately 95 years unexpired. The premises are currently let on a 5-year occupational lease from 18 September 2025, generating a passing rent of £9,000 per annum exclusive.
Both floors are fitted out in accordance with the tenant’s business as an established barbers in the town. Each floor is open plan, save for the single WC located on the first floor.
Offers invited, subject to the commercial lease, for the long-leasehold interest at £115,000, subject to contract only
Location
Located on London Road in the centre of Crowborough, the property occupies a prominent position within an established commercial area close to local amenities and transport links.
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