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Former Natwest Bank Premises - For Sale in Hailsham

For sale: £320,000.00|2747 Sq Ft|General Retail, Retail

PROPERTY DETAILS

FOR SALE£320,000.00
SIZE2747 Sq Ft
ADDRESS1 High Street, Hailsham, BN27 1AJ
TYPEGeneral Retail, Retail
TENUREFor Sale Freehold
POSTED ON31st July 2020

DESCRIPTION

The property is situated in a prominent corner position, where the High Street meets George Street. Nearby occupiers include a number of independent retailers, with the national multiples such as Holland & Barrett, Superdrug, Costa and Poundland located north of the property within the Quintins Centre. The property is arranged over basement, ground and two upper floors.

- Former Natwest Bank premise For Sale
- Part of the first and the whole of the second floor has been sold off on a long lease
- Current ground rent is £100pa with a rent review on 1/01/2031.
- Flats have also been sublet on two separate leases for a term of 124 years and 360 days
- Both at a current ground rent of £50 pa
- In addition there is a small retail unit at ground floor level let to Sussex Taxis Ltd

LOCATION

Location: 1 High Street, Hailsham, BN27 1AJ

Polegate (2.9 miles)

Pevensey & Westham (4.3 miles)

Berwick (4.3 miles)

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