Freehold Retail Investment
Freehold Retail Investment
The historic and attractive town of Rye is situated close to the East Sussex coast. The town benefits from an affluent demographic as well as a high volume of tourists, including French day trippers. The property is situated in the heart of the town centre on Market Road which connects the High Street and Cinque Ports Street and benefits from a strong pedestrian flow. Nearby occupiers include Edinburgh Woollen Mill, Julian Graves and Nationwide Building Society.
Freehold.
The historic and attractive town of Rye is situated close to the East Sussex coast. The town benefits from an affluent demographic as well as a high volume of tourists, including French day trippers. The property is situated in the heart of the town centre on Market Road which connects the High Street and Cinque Ports Street and benefits from a strong pedestrian flow. Nearby occupiers include Edinburgh Woollen Mill, Julian Graves and Nationwide Building Society.
Freehold.
The property, an attractive and prominent traditional building comprises retail accommodation and a small ancillary area on the ground floor and ancillary accommodation on the first floor. The property benefits from a disabled entrance on a return frontage.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property, an attractive and prominent traditional building comprises retail accommodation and a small ancillary area on the ground floor and ancillary accommodation on the first floor. The property benefits from a disabled entrance on a return frontage.
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 | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground Ground First |
Retail Ancillary Ancillary |
89.83 sq m 4.00 sq m 71.91 sq m |
(967 sq ft) (43 sq ft) (774 sq ft) |
COUNTRY CASUALS LIMITED (1) |
15 years from 08/04/2011 until 2026 (2) |
£50,000 | 08/04/2016 and 5 yearly |
| Totals | 165.74 sq m |
(1,784 sq ft) |
£50,000 | ||||
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