At present the premises comprise of a two storey office building divided into 8 small suites with a rear garage which are let individually on an informal basis (Tenancy Schedule below).
In the event that the property is fully let, it produces a rental of £41,340 with the landlords currently being liable for certain charges and therefore there is approximately a net figure of £36,000 received. Full details upon request.
|Unit||Rent Per Contract||Per Month||Notes|
|Total income on fully let basis||£41,340|
Planning consent was granted for the site for a change of use from office to five self contained apartments with stepped frontage extension, off road parking and associated hard and soft landscaping. The planning application is number LW/17/1068 and can be seen on Lewes District Council’s website. The actual planning consent will shortly expire but it is hoped this can be re-granted.
Offers are invited in the region of £425,000 for the freehold interest.
143 South Coast Road, Peacehaven, BN10 8NN
The premises are situate on the A259 coast road between Newhaven and Brighton and occupies a prominent position.
Each party is to be responsible for their own legal fees.
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