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.
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)
VAT is understood not to be chargable on the terms quoted.
Each party to be responsible for their own legal costs.
This property has been graded as 115 (E)