High Street, Polegate

ERV: £34,500PER annum

Freehold Mixed-Use Commercial Property in Polegate

Property Overview
Location: Polegate
Property Type: Freehold Mixed-Use Commercial Property with Residential Maisonette

Key Features
Commercial Unit:

Long and reputable trading history
Annualised income: approximately £80,000
All fixtures and fittings included within the sale price
Vacant possession available upon sale
Potential rental income: £16,500 per annum

Residential Unit:

Spacious and well-presented 3-bedroom maisonette
Private access
Potential rental income: £18,000 per annum
Total Potential Annualised Income: £34,500 per annum

Property Description
This exceptional freehold mixed-use commercial property, located in the thriving area of Polegate, presents a unique investment opportunity. The building comprises a well-established commercial unit on the ground floor and a spacious, well-maintained 3-bedroom maisonette on the upper floors, each with its own private access.

The commercial unit has a long-standing and reputable trading history, generating an impressive annualised income of approximately £80,000. With the inclusion of all fixtures and fittings in the sales price, this property offers a seamless transition for the new owner to continue the profitable operations. Additionally, the business benefits from small business relief, further enhancing its appeal.

The 3-bedroom maisonette above the commercial unit is spacious and well-presented, providing comfortable living accommodation. With its private access, it offers the potential for a rental income of £18,000 per annum, adding to the overall profitability of the property.

Investment Potential
The property is located in an area experiencing significant growth, with hundreds of new houses being developed nearby. This expansion is expected to increase footfall, sustainability, and profitability for the commercial unit. The current owners, who reside in the upper maisonette and operate the commercial premises, are selling the property to relocate closer to family outside the area. They have enjoyed a healthy income over the years and believe this property will continue to be a lucrative investment for the new owner.

Sales Information
The property is being sold with vacant possession, making it an ideal purchase for investors looking for immediate occupancy.

Contact Information
For further details or to arrange a viewing, please visit our website or contact us directly.



Tenure: Freehold