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Morrisons Daily, 56a America Lane, Haywards Heath

Guide Price
£680,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
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SECTOR

Commercial property for sale

Key features

  • High Yielding Convenience Store Investment
  • Let to Alliance Property Holdings Ltd (t/a Morrisons Daily)
  • 10 Year Lease Expiring 08.09.2029
  • 2024 Break Option Not Exercised
  • 3,918 sq ft (364.03 sq m)
  • Site Area - 0.25 acres (0.103 hectares)
  • Established and Popular Location
  • Investment Let at £68,000 p.a. (10% GIY on Guide Price)

Description

The property comprises a high yielding convenience store investment let to Morrisons Daily and comprising the principal grocery amenity for a large residential area of Haywards Heath.

Arranged across ground and first floors on a site of 0.25 acres (0.103 hectares) the ground floor is let to Alliance Holdings Limited (t/a Morrisons Daily) on a 10 year lease expiring 08.09.2029 and producing £68,000 per annum. The tenant did not exercise their 2024 break option displaying confidence in the location. The upper parts comprise residential accommodation sold off on a long leasehold basis.

The property occupies a prominent pitch with a large car park and comprises the principal grocery amenity for the surrounding residential area with the nearest supermarkets being in the town centre approx. 1 mile away. The surrounding area is principally residential with a local retail parade immediately adjacent.

Brochures

Morrisons Daily, 56a America Lane, Haywards Heath

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Haywards Heath Station0.8 miles
  • Wivelsfield Station2.9 miles
  • Burgess Hill Station3.7 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference A0B24B2E-2866-48FE-9A56-04A4FBDB8E34. 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 Savills, Savills Auctions- Commercial. 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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