70/70A High Street Heathfield, East Sussex TN21 8JD
NEWSAGENT
SELINAS
Location Estimated District Population: 11,000 Miles: 8 miles east of Uckfield 15 miles south of TunbridgeWells
Roads: A21, A22, A26
Position The property is located in a prominent corner location on High Street at its junction with Streatfield Road in the heart of Heathfield town centre.
Present Accommodation (approximate areas) Floor
Accommodation Ground Sales/Ancillary First Net Internal Areas
Nearby: Co-Operative Supermarket, Sainsbury’s, Tesco Express, Post Office and branches of Barclays, Lloyds TSB and NatWest banks.
Description SHOP arranged on the ground floor with a SELF- CONTAINED FLAT arranged on the first floor.
Tenure Freehold.
VAT is not applicable to this lot. Tenant Term
52.48 sq m (565 sq ft) R P HUSSEY (1) 20 years from 31st January 2012 with a rent review in 2017 and 5 yearly thereafter
Residential – understood to comprise a 2 Bedroom Flat Total Commercial Area 52.48 sq m (565 sq ft)
AN INDIVIDUAL 6 month Assured Shorthold Tenancy from 17th May 2012 at £565 pcm
(1) t/a Selina’s Newsagent. (2) The tenant is paying half rent (£7,000 pa) until 13th August 2012, after which the rent will revert to £14,000 pa. The Vendor has agreed to top up the rent from completion of the sale until 13th August 2012, when the rent will rise to £14,000 pa – please see Special Conditions of Sale. (3) Annual equivalent rent.
Licence No. PU1000017316 from Experian Goad, Hatfield Herts. For identification purposes only – please see title documentation.
Extract reproduced from 1998 Edition of the Goad Plan
Rent £20,780 pa
Freehold Retail and Residential Investment in Affluent East Sussex Town
• Shop let to newsagent on new 20 year lease (no breaks)
• Self-contained flat above let on an Assured Shorthold Tenancy Agreement
• Prime corner location in busy East Sussex town
• VAT -free investment and 6Week Completion Available
The Special Conditions of Sale and a legal pack are available from the Seller’s Solicitors and are available online at www.cbre.co.uk/auctions. Seller’s Solicitor Thomson Snell & Passmore. t: 01892 701235. e: felicity.warran-smith@ts-p.co.uk Ref: Ms FWarran-Smith. Joint Auctioneers Cradick Retail. t: 01892 515001. e: bcradick@cradick.co.uk Ref: B Cradick Esq.