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Retail for sale

Tandridge House, High Street, Mayfield, TN20 6AL
Contact Agent
Call Agent 01825 762222
Oldfield Smith East Sussex
Marketed by
Oldfield Smith East Sussex
Eden House, River Way, Uckfield TN22 1SL, UK
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Under Offer
Tandridge House, High Street, Mayfield, TN20 6AL
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Tandridge House, High Street, Mayfield, TN20 6AL

949 sq. ft (88.17 m²)

Contact Agent Call Agent 01825 762222

Key features

  • Historic village location
  • Flat over available by way of separate negotiation
  • Now reduced to £160,000 subject to the commercial lease and long leasehold interest in the residential part

Description

The premises comprise a character but modern shop/office with rear office, stores, kitchen and cloakroom to the ground floor. There is a 3 bedroom flat over available by way of separate negotiation – please refer to separate listing.
Shop
Overall 61.2 sq m (661 sq ft) fitted ceiling mounted air conditioning unit, wall heaters, feature beams, part laminate part carpet flooring, ceiling spot lights.
Office/store overall 8.4 sq m (93 sq ft).
Kitchen/rest room 11.2 sq m (119 sq ft) fitted with base and wall units plus stainless steel sink unit, door to outside.
Cloakroom fitted with low level wc and wash hand basin
Office/store overall 7.2 sq m (76 sq ft)
Total overall area 88.0 sq m (949 sq ft)
The premises are let to a specialist sewing business trading under the name of Sew inspired. They are let for a term of 6 years from November 2021, expiring November 2027. The rent as from 1 July has been set at £13,000pa.
Freehold for sale, offers sought in the region of £175,000 now reduced to £160,000 subject to the commercial letting and long leasehold interest in the above flat representing a return of approximately 7.4% now 8.1% before purchasers costs and any ground rent from the flat taken into consideration.
Reference: 326598_sales
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All commercial properties for sale in Mayfield
Oldfield Smith East Sussex
Marketed by
Oldfield Smith East Sussex
Eden House, River Way, Uckfield TN22 1SL, UK
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