79-81 High Street, East Grinstead, RH19 3DD

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Freehold Shop, Office & Residential Investment - £525,000 79-81 High Street, East Grinstead, RH19 3DD

79, 79A & 81 HIGH STREET East Grinstead West Sussex, RH19 3DD

The left-hand side, 79 and 79A High Street provides a shop occupied by an undertakers comprising a reception area, a meeting area, kitchenette and at the rear of the building a chapel of rest with internal access to first floor offices. The first floor, above the shop, has Prominent building located in East Grinstead’s High its own access from the street with stairs rising to three Street offering investment and management potential rooms used by a sports massage practitioner and a psychotherapy counsellor. • Adjoining the principal shopping area of East Grinstead • Attractive historic building The right-hand side of the building, 81 High Street, is • Outside space and parking set back behind a small area of garden. This part of the • Extensive accommodation of 2,292 sq ft (213.03 sq m) property provides mainly residential accommodation. • Commercial and 3-bed house The ground floor comprises three rooms, kitchen • Income from two tenancies and WC. One of the rooms provides an office for the • Re-gearing potential of leases undertakers and inter-connects with the retail space • Alternative uses STP of 79. The first floor provides three rooms, bathroom and separate WC. There is a small area of cellar beneath FREEHOLD INVESTMENT FOR SALE the front of the building. 81 High Street is let with the ground floor shop at 79 High Street and provides living accommodation for an employee of the tenant. SITUATION The property is situated in a prominent position within There is vehicular access to the rear reached via a a parade of shops on the north side the High Street driveway on the eastern boundary opening onto a yard between the junctions with Church Lane and College Lane area, a small garden and rear access to the building. on the edge of the prime retail area of East Grinstead. Major retailers and service providers in the High Street EPC include: Caffè Nero, Cook, Barclays Bank, Prezzo, Pizza Enquiries to the selling agent. Express and Coral whilst in the immediate area there is a bespoke tailor, a florist, a fire place shop, estate agents and a shoe repairer. The railway station with services to London via East Croydon and the bus terminus are both within approximately 0.7 miles. Junction 10 of the M23 motorway is approx 6 miles distant giving access to Gatwick Airport and M25 to the north. DESCRIPTION 79, 79A-81 High Street, adjoins Sackville College, and is Grade II listed. The building dates from the late seventeenth century with later additions and provides a white, stucco fronted main elevation with brick and hung tile finishes to the sides and rear, under a clay tile pitched roof with some small sections of flat roof. The building separates into two main components.

PLANNING The property is Grade II listed and in a Conservation Area. BUSINESS RATES & COUNCIL TAX The commercial has the following rateable values: 79 High Street - shop and premises - £6,600 79A High Street - offices and premises - £2,250 The house is in the following Council Tax band: 81 High Street - residential - Council Tax Band E. TENURE Freehold - The title is not registered but will be entered on the Land Registry prior to the completion of a sale. The title is subject to rights of access for fire escape purposes from a neighbouring building to the west. TERMS Offers are invited in excess of £525,000 for the freehold subject to two leases. Subject to contract and exclusive of VAT. VIEWING Viewing and further information from the selling agents: RH & RW Clutton LLP Richard Grassly - [email protected] 01342 410122 or 01483 300233

Schedule of Tenancies and Accommodation Address

Use

79-81 Shop & Residential

Floor Areas Tenant Lease Terms

Rent

First - offices 144 sq ft (13.4 sq m) Dignity Funerals Ltd 30.09.2014 to 29.09.2019 £15,500 Ground - shop 668 sq ft (62.17 sq m) First – residential 679 sq ft ((63.07 sq m) Ground – residential 534 sq ft (49.59 sq m)

79A Offices First - 267 sq ft (24.80 sq m) C Murphy & RR Burrell-Murphy 07.06.2010 to 06.06.2013 £2,200

Comments Full repairing subject to a 50% contribution by the landlord to the structure of 79 High Street Internal repairing £550 rent deposit Holding over

Totals 2,292 sq ft (213.03 sq m) £17,700

The principal tenant, Dignity Funerals Ltd, was established in 1894 and for the year to December 2016 reported a turnover of £265m, a pre-tax profit of £93m and shareholders’ funds of £80m. The company employs about 2,900 staff. The tenants of the offices are two private individuals.

NOTICE: RH & RW Clutton (and their joint agents where applicable) for themselves and for the vendors or lessors of this property for whom they act, give notice that (i) these particulars are a general outline only, for the guidance of prospective tenants or purchasers, and do not constitute the whole or any part of an offer or contract. (ii) RH & RW Clutton cannot guarantee the accuracy of any description, dimensions, references to condition and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy. (iii) the vendor does not make or give, and neither RH & RW Clutton nor any person in the employ of RH & RW Clutton has any authority to make or give any representation or warranty in relation to this property. Property particulars prepared February 2018

01342 410122 www.rhrwclutton.com 92 High Street East Grinstead West Sussex RH19 3DF

RH & RW CLUTTON