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12-14 Broad Street, Seaford, BN25 1ND

Offers in Excess of
£350,000

£100.09 per sq ft

Business rates & charges may apply

Graves Son and Pilcher, East Sussex
SIZE AVAILABLE

3,497 sq ft

325 sq m

SECTOR

High street retail property for sale

Floor PlanFloor Plan
3

Key features

  • Freehold Investment Opportunity
  • Currently producing £26,554.68 Per Annum
  • Approximately 3,497 Sq Ft
  • Potential For Re-Configuration / Development In The Future
  • Viewing Highly Recommended

Description

Description
The substantial end of terrace property is arranged over 3 floors and has a rear courtyard style garden with access leading out onto Croft Lane. The property is currently being used as a pharmacy, with the main trading area being on the ground floor, and the upper floors being used as offices, prep areas, and storage purposes. We feel that the premises has excellent future potential in terms of converting the upper parts into residential, subject to planning and should they become vacant in the future.

Location
The property is situated within Seaford Town Centre, with nearby occupiers including Boots, WHSmith, Cancer Research UK, Halifax, Superdrug, Card Factory and Tesco Express. There are also many other independent retailers, cafes, restaurants and office type occupiers nearby. Seaford mainline railway station is approximately 0.2 miles away from the property.

Terms
The property is available freehold subject to the below mentioned Tenancy.

The property is let to L. Cameron & Son Limited on an FR&I Lease subject to a Schedule of Condition, for a term of 15 years from 1st August 2019 - 31st July 2034 with no break clause rights. The current passing rent is £26,554.68 Per Annum, with RPI index rent reviews at every 5th year anniversary date - the next review date is August 2029. A full copy of the lease is available to serious applicants upon request.

Floorplans
Floorplans are available upon request.

Business Rates
According to the VOA website, the property has a Rateable Value of £29,750.

Price & VAT
Offers in Excess of £350,000.
Please note that the building sale will not be subject to VAT.

Brochures

12-14 Broad Street, Seaford, BN25 1ND

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Seaford Station0.1 miles
  • Bishopstone Station1.0 miles
  • Newhaven Harbour Station2.4 miles

About Graves Son and Pilcher, East Sussex

51 Old Steyne, Brighton, BN1 1HU

Our dedicated agency team is committed to providing clients with a highly professional bespoke service on all types of commercial property matters including, disposals, acquisitions, business relocation etc. We have specialists in the retail/catering, offices, industrial/warehouse and investment/development sectors.

Our service to clients can be summarised as follows:

• Intimate and detailed local knowledge combined with in depth expertise.

• Highly motivated team with over 100 years combined frontline experience.

• Advice on sales, acquisitions, redevelopment appraisals and business relocation on both a freehold and leasehold basis.

• Advice on sale/letting of vacant premises, business transfer (going concerns) and property investment sales.

• Advice to both tenants and landlords alike.

• An unrivalled reputation for maximising rental income, sale proceeds and property assets and enjoy close liaison with our various other in house departments i.e residential, management, professional, rating and building surveying.

• Clients include both National companies and private individuals.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 305682-1. 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 Graves Son and Pilcher, East Sussex. 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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