This attractive Grade II Listed property is recorded as a mediaeval timber-framed building of 'Wealden' type. The property comprises a ground floor retail area, together with first floor which is accessed internally and offers accommodation that at present is used as offices and storage with a kitchen area. The ground floor retail area is over split levels and leads to a back area, which provides rear access and loading. The property also has two car parking spaces.
Available Size: 133.78 sq.m. (1,440 sq.ft.)
Business Rates: Rateable value of £27,750 with a UBR of 43.2p in £
The property has the following approximate net internal floor area:
Ground Floor Sales Area: 70.79 sq.m. (762 sq.ft.)
Ground Floor Ancillary: 12.17 sq.m. (131 sq.ft.)
First Floor Storage and Ancillary: 50.82 sq.m. (547 sq.ft.)
Total: 133.78 sq.m. (1,440 sq.ft.)
The property is situated on the north-eastern side of the High Street in the attractive town of Steyning, immediately opposite the town centre car park, on the corner of Elm Grove Lane, which itself leads to Tanyard Lane. The High Street provides a traditional range of shops and services, creating a thriving centre.
Approximate net internal floor area GF -
The property has the following approximate net internal floor area:
Ground Floor Sales Area: 70.79 sq.m. (762 sq.ft.)
Ground Floor Ancillary: 12.17 sq.m. (131 sq.ft.)
Approximate net internal floor area FF -
The property has the following approximate net internal floor area:
First Floor Storage and Ancillary: 50.82 sq.m. (547 sq.ft.)
Tenure - The property is available by way of a sale of the freehold interest, subject to the existing tenancy.
Tenancy - The property is let to Foundry Cast Iron Ltd by way of a ten-year lease from 27 April 2020 at the current rent of £16,500 per annum. There is an outstanding rent review from 27 April 2025.
VAT and Legal Costs -
VAT: VAT is not applicable on the terms quoted.
Legal Costs: Each party to be responsible for their own legal costs.
EPC - EPC exempt (Grade II listed building).
For further information on this property please call 01903 879212 or e-mail sales@hamiltongraham.co.uk
