15 & 15A High Street Hailsham East Sussex BN27 1AL

  • 15 & 15A High Street<br>Hailsham<br>East Sussex<br>BN27 1AL

15 & 15A High Street
Hailsham
East Sussex
BN27 1AL

Freehold Retail Investment

  • Prominent town centre location
  • Lease expires September 2031 (no breaks)
  • 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
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On the Instructions of Trustees
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Freehold Retail Investment

  • Prominent town centre location
  • Lease expires September 2031 (no breaks)
  • 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).

Contacts

Seller's Solicitors
Cripps LLP Number 22, Mount Ephraim
tunbridge Wells
Kent
TN4 8AS
Oliver Copp 01892 506 240oliver.copp@crippspg.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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