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

Fixed price

£250,000

Size

1,144

Tenure

Freehold

EPC

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Parking

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Primary use
High street retail
Frontage
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No floor / site plan

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.
Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Floors in building
2
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

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

NEAREST STATIONS

National Rail

Crowborough Station

1.5 miles

National Rail

Eridge Station

2.64 miles

National Rail

Ashurst Station

4.76 miles

About BLUE ALPINE PARTNERS LIMITED, London

BLUE ALPINE PARTNERS LIMITED, London

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.

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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 PARTNERS LIMITED, 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.