The premises occupy a prominent position in the centre of the village. Other businesses close by include The Hare & Hounds public house and Framfield Service Station, vehicle repair garage.
Multi-tenanted investment opportunity comprising 5 commercial lets and 1 single residential let providing a total income currently in the region of £36,000pa., with potential to increase rents on review.
In brief the accommodation comprises the following:
2 ground floor rooms let to hairdressers with shared use of cloakroom
1 ground floor room let to beautician with shared use of cloakroom as above
2 ground floor rooms, kitchen and cloakroom let to a tuition centre
3 first floor offices, second floor store, ground floor kitchen and cloakroom plus external yard and stores let to builders & decorators
Workshop and stores with kitchen and cloakroom let to joiners
Flat having double bedroom, sitting room, kitchen and bathroom let under the terms of an assured shorthold tenancy. It benefits from replacement double glazed uPVC windows and door
There is a further external store and yard area retained by and currently used by the owners.
It is considered there is potential to develop in the rear garden/yard area, subject to obtaining any necessary consents as well as redevelopment of the entire site again subject to obtaining any necessary consents. The site extends to approximately 0.351 acres (0.142 hectares) including approximately 450 sq m (4898 sq ft) of buildings.
There will be an overage provision of 35% for a period of 25 years from the date of completion should a new owner be successful in obtaining development planning permission that will increase the value of the property.