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8 George St 4,290 SF 100% Leased Retail Building Hailsham BN27 1AE $473,435 ($110.36/SF) 8.90% Cap Rate
Investment Highlights
- Town centre mixed use investment property
- Current high specification refurbishment to be finished before completion
- Two self-contained offices and a large maisonette
Executive Summary
A Grade II Listed investment property located in Hailsham town centre. It is arranged as a ground floor retail/office unit which is vacant and in the process of being refurbished with an adjoining separate office which is currently occupied by a taxi firm. To the rear, there is a two-storey, two-bedroom maisonette which is also in the process of being refurbished. The refurbishment will be completed prior to completion and is being done to a very high standard.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
4,290 SF
Building Class
C
Year Built
1930
Price
$473,435
Price Per SF
$110.36
Cap Rate
8.90%
NOI
$42,136
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.28
Lot Size
0.03 AC
Frontage
14’ on George Street
Amenities
- Bus Line
- Commuter Rail
- Storage Space
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8 George St
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