Burgess Hill, West Sussex, RH15 9AS
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 property comprises open plan ground floor retail premises.
The premises have the following approximate net internal floor areas:
|Accommodation||Size (sq m)||Size (sq ft)|
|Ground floor retail||88.41||951|
Freehold, subject to the existing tenancy.
The ground floor is let to C & J Clark International trading as Clarks on a full repairing and insuring 5 year lease from 26th February 2014. The passing rent is currently £18,100 per annum exclusive. The first and second floors comprise flat 80A Church Walk which has been sold off on a 125 year long leasehold from 26th October 2007. The current ground rent payable is £100 per annum exclusive.
C & J Clark International Limited (Company No. 00141015) detail their principle activities as the retail and manufacture of shoes and have filed the following accounts figures which are publicly available.
|YE 31/01/17||YE 31/01/16||YE 31/01/15|
C & J Clark Limited are the ultimate holding company of C & J Clark International Limited.
VAT is understood not to be chargable on the terms quoted.
Each party to be responsible for their own legal costs.
Offers are invited in the order of £300,000 The price reflects an attractive net initial yield of 5.87%, when assuming purchaser's costs at 3.30%.
£8,520 per annum (based on rateable value of £17,750). We advise that you contact the Local Rating Authority for confirmation of the actual amount payable.
This property has been graded as 115 (E)