Morrisons Daily, 1 Station Road, Crawley Down, Crawley
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- High Yielding Mixed-Use Retail/Residential opportunity
- Retail Unit and Two Bedroom Self-contained flat
- Let to Morrisons Daily
- 10 year lease expiring 31.03.2028
- 2023 Break option not exercised
- Asset Management Potential
- In the Same ownership for approximately 17 years
- Prominent central pitch
- VAT-free investment
- Investment let at Investment let at £16,750 p.a. (9.85% GIY on Guide Price)£16,750 p.a. (9.85% GIY on Guide Price)
Description
Arranged as a ground floor shop unit with residential upper parts
The whole property is let on a single lease to Alliance Property Holdings Limited (t/a Morrisons Daily) on a 10 year lease expiring 31.03.2028 and producing £16,750 per annum. We understand the 2023 rent review is outstanding, offering immediate asset management potential, whilst the tenant also did not serve their 2023 break option, displaying confidence in the location.
Brochures
Morrisons Daily, 1 Station Road, Crawley Down, Crawley
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- East Grinstead Station2.6 miles
- Three Bridges Station3.6 miles
- Dormans Station4.0 miles
Notes
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