Back to properties

Gross Yield 10%

46 Ninfield Road, Sidley, Bexhill-on-Sea, East Sussex TN39 5AB

Commercial
About this Property
2018-10-24
Traditional
Commercial
Description

Lot 52 Gross Yield 10% 6 Week Completion Situation Located close to the junction with Glovers Lane in this busy local trading position amongst such multiples as Lidl, Co-Op Funeralcare, McColls and Betfred and serving the surrounding residential area only 1 mile north of Bexhill Town Centre. Bexhill-on-Sea is a popular coastal town approx. 5 miles west of Hastings and 12 miles east of Eastbourne. Property Forming part of a terraced parade comprising a Ground Floor Fish and Chip Shop. There is a rear service road with vehicular access for unloading. Accommodation Ground Floor Fish and Chip Shop Gross Frontage 15'3” Internal Width 12'10” (narrowing) Shop Depth 23'4” Built Depth 48'6” WC VAT is NOT applicable to this Lot Tenure Leasehold for a term of 999 years from 22nd January 2016 at a peppercorn ground rent. Tenancy The property is let on a full repairing and insuring lease to C Tas t/a Sidley Fish and Chips for a term of 20 years from 25th March 2016 at a current rent of £8,000 per annum exclusive. Rent Reviews 2021 and 5 yearly. Note: A £2,000 Rent Deposit is being held.

Location
More Information
Not Specified
Ninfield Road
Planing Authority
Rother LPA

Interested in this lot?

GO TO THIS LOT

Other listings nearby