139 Lower Church Road, Burgess Hill, RH15 9AA

£75,000

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Property Summary

The property forms part of a terrace on the south side of Lower Church Road. This two storey building consists of a ground floor commercial unit, currently let at £8,000 per annum - being run as a hairdressers.
The first floor flat has been sold off on a long lease.

Situation The property is located opposite St Johns Park, within close proximity of other independent retailers. Burgess Hill town centre and main line railway station, are both within half a mile of Lower Church Road.

Accommodation Retail Space - 35.76
Staff Room/Kitchen - 6.8
W/C
Total Floor Area - 42 sq.m.

Tenure Freehold

Rent The ground floor shop is let on a 5 year lease - expired 26th October 2019, current rent of £8,000 pa - the tenant is holding over.

Lease The first floor flat is sold off on a long lease - 125 years from the 6th March 2020, with a fixed ground rent of £100 pa.

Rateable Value- £6,700 pa

EPC Rating Commercial - D

lot type

Freehold Commercial Investment

private treaty - sale status

SOLD BY AUCTION 2025

type

Freehold Commercial Investment - Producing £8,100 Per Annum

description

The property forms part of a terrace on the south side of Lower Church Road. This two storey building consists of a ground floor commercial unit, currently let at £8,000 per annum - being run as a hairdressers.
The first floor flat has been sold off on a long lease.

Situation The property is located opposite St Johns Park, within close proximity of other independent retailers. Burgess Hill town centre and main line railway station, are both within half a mile of Lower Church Road.

Accommodation Retail Space - 35.76
Staff Room/Kitchen - 6.8
W/C
Total Floor Area - 42 sq.m.

Tenure Freehold

Rent The ground floor shop is let on a 5 year lease - expired 26th October 2019, current rent of £8,000 pa - the tenant is holding over.

Lease The first floor flat is sold off on a long lease - 125 years from the 6th March 2020, with a fixed ground rent of £100 pa.

Rateable Value- £6,700 pa

EPC Rating Commercial - D