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28 High St 1,070 SF 100% Leased Retail Building Lewes BN7 2LU $467,140 ($436.58/SF)
INVESTMENT HIGHLIGHTS
- Commercial element let at £25,000 per annum
- There is a tenant only break option at the expiry of the 3rd anniversary of the term.
- The lease is included within the security of the 1954 Landlord and Tenant Act
- The upper parts consist of three residential flats, all of which have been sold off on long leases and producing a total of £450 per annum in ground
EXECUTIVE SUMMARY
The premises comprise of a ground and lower ground floor shop and rear patio area which are currently occupied by Value Home Supplies UK Ltd on a 7-year lease from 2024 and paying £25,000 per annum.
TENURE
The premises are available to purchase on a freehold basis.
PRICE
£350,000 exclusive.
TENURE
The premises are available to purchase on a freehold basis.
PRICE
£350,000 exclusive.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,070 SF
Building Class
C
Year Built
1910
Price
$467,140
Price Per SF
$436.58
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.03
Lot Size
0.72 AC
Frontage
27’ on High Street
1 1
NEARBY MAJOR RETAILERS
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28 High St
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