273 London Road

Burgess Hill, West Sussex, RH15 9QU

FREEHOLD OFFICE INVESTMENT
WITH PRIOR APPROVAL SUBMITTED
FOR 4 X 1-BED FLATS

Status

For Sale

Location

Burgess Hill is located in Mid-Sussex, within easy access of both the A23 and A272. Haywards Heath is approximately 5 miles to the north-east and Brighton 10 miles to the south.

The offices are prominently located at the junction of London Road and Victoria Way, approximately a 10 minute walk from the town centre and mainline railway station which offers frequent services to London, Gatwick and Brighton.

Amenities

  • Double glazing
  • Electric heating
  • LED lighting
  • External storage area
  • 6 car parking spaces

Description

The building comprises accommodation over ground and first floors.

Prior Approval under the General Permitted Development Order has been sought and approval is awaited via Mid Sussex District Council for the conversion of the premises to create 4 x 1-bedroom flats under planning application number DM/18/4348. The determination deadline for this application is Tuesday 25th December 2018.

Accommodation

The building has the following approximate floor areas:

Ground floor 90.12 sq m (970 sq ft)
First floor 72.00 sq m (775 sq ft)
Total 162.12 sq m (1,740 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 currently let to IT First Ltd on a full repairing and insuring lease, expiring November 2019 at a rent of £24,000 per annum.

VAT

VAT is not applicable on the terms quoted.

Legal Costs

Each party to be responsible for their own legal costs.

Price

Offers in excess of £500,000

Business Rates

£7,440 per annum (based on rateable value of £15,500). We advise that you contact the Local Rating Authority for confirmation of the actual amount payable.

Energy Performance Rating

Upon enquiry

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