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COMMERCIAL

High Street, Steyning, West Sussex, BN44 3RD

Offers in Region of
£250,000
Hamilton Graham, Steyning
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Freehold investment property
  • Town centre location
  • Grade II listed
  • Ground floor retail area 70.79 sq.m.
  • Ground floor ancillary space
  • First floor office and storage space
  • Rear access and loading
  • Two car parking spaces

Description

This attractive Grade II Listed property is recorded as a mediaeval timber-framed building of 'Wealden' type. The property comprises a ground floor retail area, together with first floor which is accessed internally and offers accommodation that at present is used as offices and storage with a kitchen area. The ground floor retail area is over split levels and leads to a back area, which provides rear access and loading. The property also has two car parking spaces.

Available Size:    133.78 sq.m. (1,440 sq.ft.)
Business Rates:    Rateable value of £27,750 with a UBR of 43.2p in £

The property has the following approximate net internal floor area:
Ground Floor Sales Area: 70.79 sq.m. (762 sq.ft.)
Ground Floor Ancillary: 12.17 sq.m. (131 sq.ft.)
First Floor Storage and Ancillary: 50.82 sq.m. (547 sq.ft.)
Total: 133.78 sq.m. (1,440 sq.ft.)

The property is situated on the north-eastern side of the High Street in the attractive town of Steyning, immediately opposite the town centre car park, on the corner of Elm Grove Lane, which itself leads to Tanyard Lane. The High Street provides a traditional range of shops and services, creating a thriving centre.

Approximate net internal floor area GF

The property has the following approximate net internal floor area:
Ground Floor Sales Area: 70.79 sq.m. (762 sq.ft.)
Ground Floor Ancillary: 12.17 sq.m. (131 sq.ft.)

Approximate net internal floor area FF

The property has the following approximate net internal floor area:
First Floor Storage and Ancillary: 50.82 sq.m. (547 sq.ft.)

Tenure

The property is available by way of a sale of the freehold interest, subject to the existing tenancy.

Tenancy

The property is let to Foundry Cast Iron Ltd by way of a ten-year lease from 27 April 2020 at the current rent of £16,500 per annum. There is an outstanding rent review from 27 April 2025.

VAT and Legal Costs

VAT: VAT is not applicable on the terms quoted.
Legal Costs: Each party to be responsible for their own legal costs.

EPC

EPC exempt (Grade II listed building).

High Street, Steyning, West Sussex, BN44 3RD

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lancing Station4.3 miles
  • Shoreham-by-Sea Station4.6 miles
  • East Worthing Station4.8 miles

About Hamilton Graham, Steyning

38 High Street, Steyning, BN44 3YE
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1

"An established private partnership based in Steyning handling sales and lettings of property in the town and surrounding country"

Notes

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Disclaimer - Property reference 730225. 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 Hamilton Graham, Steyning. 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.