Superb bank investment in prominent central High Street position at roundabout junction in Heathfield town centre. Other businesses close-by include Tesco Express, Sainsburys, Waitrose, The Original Factory shop, Estate Agents, Cafe, restaurant and take aways etc.
The entire premises are let to Barclays Bank PLC who have sub-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. Offered for sale freehold subject to this letting.
Barclays Bank hold a lease for a term expiring February 2023 at a rent of £31,500pa. They have sublet the first floor suite to the company Compass Services (UK) Limited for a term expiring December 2021 at a rent of £10,5000pa. This letting is excluded from the renewal provisions of the Landlord and tenant Act 1954.
Offered for sale freehold, subject to the above tenancies.