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1a Belmont Buildings, High Street, Crowborough, East Sussex, TN6

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

High street retail property for sale

USE CLASSUse class orders: A3 Restaurants and Cafes and Class E

A3, E

Key features

  • Rental Income: £16,000 p.a.
  • Gross Initial Yield: 6.40%
  • Comprises ground floor restaurant with ancillary accommodation at first floor
  • Let until 2038 (No Breaks). Rent review (open market) every 5th year

Description

Investment Consideration:
Gross Initial Yield: 6.40%
Rental Income: £16,000 p.a.
VAT is applicable to this property
Let until 2038 (No Breaks). Rent review (open market) every 5th year
Comprises ground floor restaurant with ancillary accommodation at first floor
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 Tiger Family Ltd (with personal guarantor) 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) every fifth year. Deposit held of £4,000.

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

Approximate location
Open mapStreet View

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 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 assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

Notes

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Disclaimer - Property reference 1abelmont. 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.

Map data ©OpenStreetMap contributors.

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