123-125 Dyke Road
Hove
Brighton
Sussex
BN3 1TJ
High Street, Steyning
Asking Price £500,000
Commercial
- Mixed commercial investment
- Freehold
- Situated on Steyning High Street
- Retail unit producing £16,750 per annum
- Offices over the first and second floor
- Potential to convert the first and second floors into self-contained apartments (subject to necessary consents).
Freehold Mixed Commercial Investment arranged as a self contained ground floor retail unit, with offices over the first and second floor (currently vacant).
Description
A Freehold Grade II listed period building, situated on Steyning High Street. This mid terrace 4 storey building consists of a self contained retail unit on the ground floor, which is currently let at £16,750 per annum excl. Over the first and second floors are 4 offices, with a shared kitchen and wc.
There is potential to convert the first and second floors into self-contained apartments (subject to necessary consents).
Situation
Located on the High Street in the historic village of Steyning, this popular location offers an array of independent retail traders, restaurants and coffee shops. There are also larger commercial users close by, such as The Co-Op. The High Street is situated within the Steyning Conservation Area.
Existing Rent
80 High Street, the ground floor retail unit is let on a 10-year effective FRI lease expiring on the 15th of August 2027 (Rent Review August 2022 - uninspected). Current rent £16,750pa excl.
Accommodation
Retail unit - NIA 87.2 sq m (938.6 sq.ft)
Offices - NIA 71.4 sq m (768.5 sq.ft)
Total Floor Area - 158.6 sq.m. (1,707.1 sq.ft)
EPC
Retail Unit -TBC
Offices - D
Tenure
Freehold
Rateable Value
Retail unit - £11,750
Offices - £5,400
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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