Potential redevelopment subject to obtaining any necessary consents
Private car park to rear
VAT exempt
Description:
The premises are located along Whitehill Road, Crowborough and comprise 2 retail units, 2 office suites having direct access from Whitehill Road together with further office suite to the rear of the development and a 2 bed flat. Included in the sale is a good size car park to the rear with spaces allocated to the tenants to which they contribute to its maintenance and upkeep, including hedge cutting, via a service charge.
All commercial leases are excluded from the renewal provisions of the Landlord and Tenant Act 1954 providing possession for the landlord if required at the end of the tenancies without penalty or compensation to the tenants.
Total income taking into account increase in April 2022 £69,200pa
Offered for sale freehold subject to the above tenancies at £995,000 showing a return of 6.95% before purchasers costs
Subject to obtaining any necessary consent it is considered there is redevelopment potential in the buildings and possible development in the car park to the rear.
Further information regarding tenants and income available on request.
Rateable Value: N/A
EPC Rating: EPC commissioned
Potential Broadband Speed:
Based on the postcode, Ofcom indicate that the fastest available broadband speed is:
Download80Mb/s
Upload20Mb/s
Note: This information is given as a guide only and without liability. Speeds are not guaranteed. The provision of a Broadband connection is not included in any property unless specifically stated. Applicants should verify available speeds with their chosen supplier.
