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 Woolen Mill, 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 Woolen Mill, 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 (t/a CC) (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 | ||||
(1) CC currently operates from over 225 stores and combined CC and Viyella Stores are located in many of the country’s most sucessful department stores including House of Fraser, John Lewis and Debenhams. (Source: www.ccfashion.co.uk 19/02/2013) CC Fashion are a wholly owned subsidiary of Austin Reed Group Plc, which was founded in 1990 and operates from over 400 stores.
(2) The lease provides for a tenant option to determine the lease on the 10th anniversary of the term.
By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.
If you have a query, please fill in the box below, otherwise click the Submit button.
We will keep you updated about lot xthis property.
In the meantime, if you would like to speak to the Surveyor about this property, please call on .
Are you sure you want to remove this property from your Watch List?
Are you sure you are no longer interested in this property?
Are you sure you want to delete your Account?
