Freehold Retail Investment
Freehold Retail Investment
Lewes is a historic and affluent East Sussex town situated 8 miles from Brighton, located on the south coast. The property occupies a prominent position on High Street on the main retailing pitch. Nearby occupiers include Pizza Express, WH Smith, Boots and Halifax.
Freehold.
Lewes is a historic and affluent East Sussex town situated 8 miles from Brighton, located on the south coast. The property occupies a prominent position on High Street on the main retailing pitch. Nearby occupiers include Pizza Express, WH Smith, Boots and Halifax.
Freehold.
The property comprises a ground floor retail unit with basement ancillary accommodation. The upper floors have been let on a long lease.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a ground floor retail unit with basement ancillary accommodation. The upper floors have been let on a long lease.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Review | |
|---|---|---|---|---|---|---|---|
| Ground Basement |
Retail Ancillary |
289.76 sq m 25.17 sq m |
(3,119 sq ft) (271 sq ft) |
STEAMER TRADING LIMITED |
10 years from completion |
£70,000 | Fifth year |
| First (part) | Office | Not measured |
BERWICK HILL PROPERTIES LIMITED |
126 years from 31/07/2018 |
Peppercorn | ||
| First (part), Second & Third | Residential | Not measured |
BERWICK HILL (LEWES) LIMITED |
126 years from 31/07/2018 |
Peppercorn | ||
| Total Commercial Area |
314.93 sq m | (3,390 sq ft) | £70,000 | ||||
(1) Steamer Trading Ltd (Company No. 03806750) is the UK’s leading specialist cook shop retailer established some 31 years ago, still family owned and now trading from 42 stores nationwide (Source: www.steamer.co.uk 14/06/2018).
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