5 High Street

REDUCED PRICE

RARE FREEHOLD AVAILABLE

GROUND FLOOR & RESIDENTIAL INVESTMENT

SUITS INVESTORS & OWNER OCCUPIERS

Status

For Sale

Location

The property is located to the southern end of the High Street, which provides a good mix of retail, restaurant, leisure and financial & professional service occupiers. The Town Centre, County Mall Shopping Centre, Bus Station and Railway Station are all within a short walking distance.

Located in the heart of the Gatwick Diamond, Crawley is a vibrant and growing town situated equidistant between London and Brighton with a current population of approximately 106,000, extending to over 160,000 persons within a 10 km radius.

Description

The premises comprise a mid-terraced, three storey mixed use building, located on the east side of the High Street within Crawley town centre. The ground floor front (commercial) is open plan and fitted to a high standard with separate offices, storage, kitchen and WC to the rear of the same. There is a one bedroom flat to the rear with a self-contained access at the back of the property, which is let on an Assured Shorthold Tenancy. The upper floors comprise three flats, which are sold off on long-leases. There is no parking included with the property.

Available area

The accommodation comprises the following approximate floor areas:

Tenure

The premises are available by way of a sale of the freehold interest, subject to vacant possession of the commercial part. The remainder being subject to an AST and three long leasehold interests.

VAT

We are advised that VAT is not currently payable.

Legal Costs

Each party to be responsible for their own legal costs.

Price

Offers in the region of £359,950

Business Rates

The commercial aspect has a Rateable Value of £17,750 with a UBR of 49.9 p in £.
The flat falls under Council Tax Band A.

Energy Performance Rating

Property graded as B-C (Commercial: B-43 and Residential: C-69)