Adjacent to St Mary’s Walk, Iceland and close to Quintins Shopping Centre
Comprises a shop and a flat
Lot 1
Auction 14th February 2019
Rent £30,500 per Annum Exclusive
Status Sold
Price £422,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On the Instructions of Trustees
Property Information
Location
Miles
8 miles north of Eastbourne, 13 miles east of Lewes, 20 miles north-east of Brighton
Roads
A22, A27, A26
Rail
Polegate Rail Station
Air
London Gatwick Airport
Situation
Hailsham is a busy and historic town located some 8 miles north of Eastbourne. The property is prominently situated on the southern side of High Street, adjacent to the pedestrianised St Mary’s Walk Shopping Precinct, which leads directly from High Street to the car park on North Street. Other nearby occupiers on High Street include NatWest Bank, Costa Coffee and The Quintins Shopping Centre, which is located less than 100 metres to the north.
Tenure
Freehold.
Location
Miles
8 miles north of Eastbourne, 13 miles east of Lewes, 20 miles north-east of Brighton
Roads
A22, A27, A26
Rail
Polegate Rail Station
Air
London Gatwick Airport
Situation
Hailsham is a busy and historic town located some 8 miles north of Eastbourne. The property is prominently situated on the southern side of High Street, adjacent to the pedestrianised St Mary’s Walk Shopping Precinct, which leads directly from High Street to the car park on North Street. Other nearby occupiers on High Street include NatWest Bank, Costa Coffee and The Quintins Shopping Centre, which is located less than 100 metres to the north.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit together with ancillary and residential accommodation at first floor. The first floor flat comprises 4 rooms, kitchen and shower/WC with a terrace.
VAT
VAT is applicable to this lot.
EPC
Band 'D'. Please see legal pack at acuitus.co.uk
Description
The property comprises a ground floor retail unit together with ancillary and residential accommodation at first floor. The first floor flat comprises 4 rooms, kitchen and shower/WC with a terrace.
VAT
VAT is applicable to this lot.
EPC
Band 'D'. Please see legal pack at acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Ground First First
Retail/Ancillary Ancillary Residential
162 sq m 16 sq m 57 sq m
(1,743 sq ft) (172 sq ft) (614 sq ft)
TRUFFLES BAKERS & CONFECTIONERS LIMITED with a limited personal guarantee (1)
20 years from 22/09/2011 on a full repairing and insuring lease
£30,500
22/09/2021 22/09/2026
Total
235 sq m
(2,529 sq ft)
£30,500
(1) "Sussex family bakery established in 1982. We offer a variety of services including handmade birthday and wedding cakes; event catering for any occasion and wholesale to local businesses in Sussex and operate from 13 shops" (Source: www.trufflesbakery.co.uk).
