32 Keymer Road

MIXED USE

COMMERCIAL & RESIDENTIAL INVESTMENT

FREEHOLD FOR SALE

Status

For Sale

Location

The property is situated on the southern side of Keymer Road at its junction with Downsview Road, in the commuter village of Hassocks. The A23 is 3 miles to the west, providing easy access to Brighton approximately 8 miles to the south and access to London and beyond via the M23 motorway.

Keymer Road comprises a number of parades with occupiers including including Sainsburys, Boots, Morrisons Daily & Post Office along with a number of independent retailers and office users.

Description

The property comprises ground floor office area divided into 3 offices, with a store, a kitchen and an accessible WC. There are further offices and storage space over part of the first floor.

The residential aspect is situated over the remaining first floor and the second floor of the property, and comprises a kitchen/breakfast room and a bathroom at first floor and a lounge/diner and bedroom at second floor.

Accommodation

The accommodation comprises the following approximate net internal floor areas:

Ground Floor Total 758 sq ft (70.4 sq m)
First Floor Offices 326 sq ft (30.3 sq m)
Plus 1 bedroom flat

Tenure

The property is available by way of a sale of the freehold interest subject to the existing tenancies.

Tenancies

The commercial ground floor and part first floor is let to DMH Stallard by way of a 10 year lease, expiring 18 June 2027, at a rent of £15,000 per annum exclusive.

The residential part first floor and second floor is let by way of an assured shorthold tenancy at £995 per calendar month.

VAT

VAT may be applicable on the terms quoted.

Legal Costs

Each party to be responsible for their own legal costs.

Price

Offers in excess of £375,000

Business Rates

Rateable Value of £19,750 with a UBR of 49.9 p in £.
The flat falls within Council Tax Band B

Energy Performance Rating

Upon enquiry