Marketed by
Eightfold Commercial ltd
Eightfold Property
74 Lewes Rd, Brighton and Hove, Brighton BN2 3HZ, UK
Under Offer
1 of 7
£450,000
8 Church Road, Burgess Hill, RH15 9AE
1348 sq. ft (125.23 m²)
Key features
- Comprising Fully Let Retail Unit & 2 Self Contained 1 Bedroom Flats
- Desirable Mid Sussex Location
- Situated Close To Station
- Gross yield of 7.73%
Description
An attractive terraced building arranged over ground, 1st & 2nd floors. The Ground floor retail unit is let to The Vapour Trail Two Ltd (08205043) with a company guarantee from the The Vapour Trail (Silverhill) Limited (11662351) by way of an effective full repairing & insuring lease from 31st of May 2023 for a term of 10 years with provision for tenant only breaks on the 31st December 2027 & 31st May 2030 along with a rent review on the 5th anniversary at a rent of £15,000 PA. The lease is subject to a schedule of condition & the landlord also holds a 3 month rent deposit. On the upper floors are 2 self contained 1 bedroom flats. 8a is currently let by way of a AST from 2nd October 2023 at a rent of £875 PCM whilst 8b is let from 24 February 23 on a 12 month tenancy at a rent of £775 PCM.
Unit Name: g | 731 sqft | £20.52
Unit Name: 1st | 1 beds | £10,500
Unit Name: 2nd | 1 beds | £9,300
Unit Name: g | 731 sqft | £20.52
Unit Name: 1st | 1 beds | £10,500
Unit Name: 2nd | 1 beds | £9,300
Reference: 138083_sales
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Marketed by
Eightfold Commercial ltd
Eightfold Property
74 Lewes Rd, Brighton and Hove, Brighton BN2 3HZ, UK
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- Brochure available
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- Brochure available
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Please contact us for full details.
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