Crowborough, East Sussex

Can be sold individually or as a pair

Fully let income producing

Privately held Freeholds

Asset Management

Development opportunities

TWO FREEHOLD INVESTMENTS AND REAR YARD AREA
BROOKLYN 1 - COMMERCIAL UNIT WITH 2 X 2 BED FLATS
BROOKLYN 2 - 3 COMMERCIAL UNITS WITH 1 X 3 BED FLAT

LOCATION
Brooklyn 1 & 2 are about 1.5 miles from the town centre in a diverse commercial/residential area, close to Crowborough & Jarvis Brook railway station with services to Uckfield and London Bridge/Victoria via East Croydon & Clapham Junction. Tunbridge Wells is about 7 miles, East Grinstead about 13 miles and Uckfield about 9 miles. Morrisons, Waitrose and Lidl are all within 2 miles of the location.

DESCRIPTION
Brooklyn 1 & 2 are a parade of four individual units with 2 flats above and one to the rear together with a rear yard/parking area. The residential flats are all accessed separately via their own dedicated access and parking to the rear. There is one third party car parking licence with an external user. The lots are being marketed as individual investments and are held in their own freeholds. They can be purchased together with or without the rear yard.

Brooklyn is of traditional brick construction with modern tiled pitched roof. The property benefits from its own dedicated side access off Victoria Road.

ASSET MANAGEMENT
Opportunities to increase short term income . Due to the plot size and subject to all necessary planning consents there is the possibility for redevelopment at the rear of the site.

BUSINESS RATEABLE VALUES: 1 April 2023 to present

Unit 1 Brooklyn - £4,200
Unit 2 Brooklyn - £5,100
Unit 2a Brooklyn - £3,950
Unit 3 Brooklyn - £7,300

Small Business rate relief is applicable for these properties with rateable values below £15,000.

COUNCIL TAX
The residential properties are all within Band B - Brooklyn, Crowborough Hill.
Business and Council tax rates payable are generated via Wealden District Council.

The rents are not subject to VAT

TERMS
Offers are invited for the freeehold interest/s - £425,000 for Brooklyn 2, £450,000 for Brooklyn 1 STC.

TENURE
The freeholds are held under the following title numbers:

ESX366636 and ESX35449

Please see attached particulars for Tenancy Schedule