Property photos
£425,000
Retail premises for sale
Walshes Road, Crowborough TN6Local area information
Property location
Nearby amenities
- Jarvis Brook Primary School 0.5 miles
- Ashdown Primary School 0.5 miles
- Crowborough 0.7 miles
- Eridge 3.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
A single let freehold commercial investment property with residential upper parts and A rear store / workshop
Single let Income producing investment
Privately held Freehold
Opportunity to secure occupancy on longer term lease
Subject to planning - redeveopment opportunity due to plot size
Location
The property is situated circa 1.5 miles from the town centre in a diverse commercial/residential area, close to Crowborough & Jarvis Brook railway station with services to Uckfield and London Bridge/Victoria via East Croydon & Clapham Junction. Tunbridge Wells is about 7 miles, East Grinstead about 13 miles and Uckfield about 9 miles. The town centre includes such retailers as Morrisons, Waitrose and Lidl
Description
Redwood comprises a single let commercial premises on the gound floor with a separately accessed rear yard and secure store/workshop. Included in the tenancy is a first floor 2 bedroom flat accessed internally but with the posiibility to create a seperate entrance. The current tenant occupies both the commercial and residential elements and has been in occupation for the past circa 10 years.
Redwood is of traditional brick construction with modern tiled pitched roof. The property also benefits from its own dedicated side access.
Asset management
Opportunity to increase the rents to erv and to secure rent on longer term leases. This could increase short term income from circa £21,600 to in excess of £25,000 per annum.
Business rateable values: 1 April 2023 to present
Current rateable value at £8,100
Small Business rate relief is applicable for these properties with rateable values below £15,000.
Council tax
The residential flat is currently in Council Tax Band ‘B’. Business and Council tax rates payable are generated via Wealden District Council.
The rents are not subject to VAT
The tenancy is currently held on a short term annual licence.
Tenure
The freehold is held under the following number:-
ESX241880
Terms
Offers are invited in the region of £425,000 for the freehold asset, subject to the existing income, subject to contract and exclusive of VAT.
Viewing
For viewing and further information please contact the joint selling agents rh & rw Clutton Philip Baker/Benedict Hall
rh & rw Clutton East Grinstead Office
<br /><br />
Single let Income producing investment
Privately held Freehold
Opportunity to secure occupancy on longer term lease
Subject to planning - redeveopment opportunity due to plot size
Location
The property is situated circa 1.5 miles from the town centre in a diverse commercial/residential area, close to Crowborough & Jarvis Brook railway station with services to Uckfield and London Bridge/Victoria via East Croydon & Clapham Junction. Tunbridge Wells is about 7 miles, East Grinstead about 13 miles and Uckfield about 9 miles. The town centre includes such retailers as Morrisons, Waitrose and Lidl
Description
Redwood comprises a single let commercial premises on the gound floor with a separately accessed rear yard and secure store/workshop. Included in the tenancy is a first floor 2 bedroom flat accessed internally but with the posiibility to create a seperate entrance. The current tenant occupies both the commercial and residential elements and has been in occupation for the past circa 10 years.
Redwood is of traditional brick construction with modern tiled pitched roof. The property also benefits from its own dedicated side access.
Asset management
Opportunity to increase the rents to erv and to secure rent on longer term leases. This could increase short term income from circa £21,600 to in excess of £25,000 per annum.
Business rateable values: 1 April 2023 to present
Current rateable value at £8,100
Small Business rate relief is applicable for these properties with rateable values below £15,000.
Council tax
The residential flat is currently in Council Tax Band ‘B’. Business and Council tax rates payable are generated via Wealden District Council.
The rents are not subject to VAT
The tenancy is currently held on a short term annual licence.
Tenure
The freehold is held under the following number:-
ESX241880
Terms
Offers are invited in the region of £425,000 for the freehold asset, subject to the existing income, subject to contract and exclusive of VAT.
Viewing
For viewing and further information please contact the joint selling agents rh & rw Clutton Philip Baker/Benedict Hall
rh & rw Clutton East Grinstead Office
<br /><br />
More information
Listed by
RH & RW Clutton
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