LONG LEASEHOLD INVESTMENT FOR SALE Northern Shop, 100 High Street, Rottingdean, BN2 7HF LOCATION: Rottingdean is a picturesque village located on the Sussex coast approximately 4 miles to the east of Brighton city centre. The village is steeped in history with former residents including Rudyard Kipling, whilst the village was also claimed to be the inspiration for the “local” shop in The League of Gentleman. The subject property is situated on a prominent corner on the main high street at the junction of Steyning Road. Nearby commercial occupiers include a variety of independent traders as well as multiples such as The Co-op, Lloyds Bank and Fox & Sons. DESCRIPTION: Forming part of an imposing Mock Tudor corner building, the property is situated at ground floor level and trades as Blakes Barbers. ACCOMMODATION & TENANCY SCHEDULE: The accommodation has dimensions and areas.
the
following
IMPERIAL Ground Floor Northern Shop Effective full repairing & insuring lease to Christopher Blake from October 2014 for a term of 6 years with a rent of £7,500 until October 2015, £7,750 until October 2016, £8,000 until October 2017 with annual fixed 2% increases thereafter. The Landlord holds a rent deposit of £1,250.
approximate
ENERGY PERFORMANCE CERTIFICATE: Certificate Reference No: 0250-5938-0307-2920-8044
METRIC
276 sq ft 25. 6 sq m
PRICE:
LEGAL COSTS: Each party to be responsible for their own legal costs in connection with this transaction.
Offers are invited in excess of £99,950 for a new 125 year leasehold interest at peppercorn rent. VIEWING: VAT: We understand the property is not currently elected for VAT.
By prior appointment through agents Carr and Priddle on 01273 208010.