Prime High Street Bank investment now sold

1st June 2022

Oldfield Smith & Co. have sold a prime High Street Bank investment occupying an extremely prominent position at 46 High Street, Heathfield at the roundabout junction with Station Road.

The entire premises are let to Barclays Bank PLC who have an option to let the first floor office suite. The premises benefit from private car park to the rear accessed from Cherwell Road together with separate single garage also accessed from Cherwell Road.  The site is considered suitable for development and/or conversion subject to obtaining any necessary consents. The premises have been sold subject to this letting.

46 High Street, Heathfield, investment now sold via Oldfield Smith & Co.

Summary of accommodation:

Banking hall overall 51.1 sq m (552 sq ft)

Rear offices, kitchen/rest room overall 124.4 sq m (1340 sq ft)

Strong room 41.7 sq m (444 sq ft)

Garage 16.8 sq m (181 sq ft)

1st floor suite overall 124.8 sq m (1342 sq ft) .

Barclays Bank hold a lease for a term expiring February 2023. They have previously sublet the first floor suite which is self-contained.

A sale has been completed at a figure very close to the quoting price. There is still a good demand for investment and development opportunities against a relatively limited availability. If you are considering selling your tenanted or vacant commercial premises please do get in touch, we have applicants waiting. Please call the office on 01825 762222