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Commercial property investment for sale - Excellent location!

For sale: £185,000.00|302 Sq Ft|Retail, General Retail, Retail - High Street, Land, Commercial Land

Property details

FOR SALE£185,000.00
SIZE302 Sq Ft
ADDRESS34 The Broadway, Crawley, West Sussex, RH10 1HG
TYPERetail, General Retail, Retail - High Street, Land, Commercial Land
TENUREInvestment Opportunity, For Sale Leasehold
POSTED ON23rd May 2024

Description

Description:
We are pleased to bring to market an excellent investment opportunity. This retail commercial premises is located on a busy parade very close to Crawley Town centre. The property is on an attractive Broadway, with many cafes, restaurants and other retailers nearby.

The property is let to N Bendjabar (t/a Naz Barbers) at £16,500 p.a. until 26/03/2032 with two rent reviews, one in 2027 and one in 2032.

Key Features:
• To be sold with a new long lease
• Current rent reserved is £16,500
• Let until March 2032
• Rent review in March 2027 and 2032
• Total accommodation approx 28.1 sqm (302 sqft)
• Close to town centre car parks and Crawley Rail Station
• £185,000 - VAT is not applicable

Location:
Crawley is a major South East commercial centre located between Croydon and Brighton, some 27 miles south of Central London and 21 miles north of Brighton.

The property is situated within the town centre on west side of The Broadway, close to the County Mall, Queens Square and Crawley High Street.

Occupiers close by include Santander, Iceland, TSB, British Heart Foundation and Paddy Power amongst many others.

Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.

Location

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Location: 34 The Broadway, Crawley, West Sussex, RH10 1HG

Crawley (0.2 miles)

Three Bridges (1.2 miles)

Ifield (1.2 miles)

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