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1A Belmont Buildings, High Street, Crowborough, East Sussex, TN6 2QB

Fixed Price
£250,000

£218.53 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

1,144 sq ft

106 sq m

SECTOR

Restaurant for sale

USE CLASSUse class orders: A3 Restaurants and Cafes

A3

Key features

  • Comprises ground floor restaurant with ancillary accommodation at first floor
  • Let until 2038 (No Breaks). Rent review in September 2023 and every 5th year thereafter
  • Tenant has 5 branches including 2 in Sevenoaks, 1 in Tunbridge Wells and 1 in Tonbridge
  • Occupiers close by Boots, Santander, NatWest, Barclays and WHSmith amongst others.

Description

Investment Consideration:
Gross Initial Yield: 6.40%
Rental Income: £16,000 p.a.
VAT is applicable to this property
Comprises ground floor restaurant with ancillary accommodation at first floor
Let until 2038 (No Breaks). Rent review in September 2023 and every 5th year thereafter
Tenant has 5 branches including 2 in Sevenoaks, 1 in Tunbridge Wells and 1 in Tonbridge
Occupiers close by Boots, Santander, NatWest, Barclays and WHSmith amongst others.

Property Description:
A mid terraced building comprising ground floor restaurant with ancillary accommodation at first floor (internally accessed), providing the following accommodation and dimensions:
Ground Floor: 58 sq m (624 sq ft)
Open plan restaurant (60 covers)
First Floor: 48 sq m (520 sq ft)
Full Kitchen, Storage, Customer and Staff WCs

Tenancy:
The property is at present let to an Individual t/a Hattusa Turkish Restaurant for a term of 20 years from 4th September 2018 at a current rent of £16,000 per annum and the lease contains full repairing and insuring covenants. Rent review (open market) in September 2023 and every fifth year thereafter. Deposit held of £4,000.

Hattusa has 5 branches including 2 in Sevenoaks, 1 in Tunbridge Wells and 1 in Tonbridge: visit

Location:
Located in Crowborough town centre adjacent to Morrisons and The Original Factory Shop, close to WHSmith, Santander, Boots Pharmacy, Costa Coffee and a host of local traders. Crowborough lies approx. 21 miles north east of Brighton, 24 miles south of Croydon and benefits from good road links via the A26.

Brochures

1A Belmont Buildings, High Street, Crowborough, East Sussex, TN6 2QB

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Crowborough Station1.5 miles
  • Eridge Station2.6 miles
  • Ashurst Station4.8 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a

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Notes

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Disclaimer - Property reference TN62QB. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Blue Alpine, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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