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Floorplan
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    Key features

    • To be offered on Tuesday 29 October
    • Comprising of commercial unit at ground floor and a two bedroom duplex flat on 1st & 2nd floors
    • Commercial unit let on a 10 year FRI lease from July 2024 with PG (Personal Guarantees) at £18,000 P.a.
    • No tenant options to break & upwards only rent review in Yr 5
    • Duplex flat let on an new 12 month AST from July 24 at £11,400 p.a.
    • Haywards Heath Station is located an approx. 0.5 miles from the property
    • VAT free investment
    • 6 week completion available
    • Investment let at £29,400 p.a. (8.4% GIY on guide)

    Description

    Click here for virtual tour of commercial unit.

    Click here for virtual tour of Flat.

    A mixed use commercial property located on a busy and established shopping parade comprising of a commercial unit at ground floor and a 2 bedroom duplex flat above situated over 1st & 2nd floor.

    Both the commercial unit and residential unit have rear access.

    Nearby occupiers include a wide range of established independent and local retailers

    Additional information

    Tenure

    Freehold

    Accommodation

    Please refer to Accommodation and Tenancy schedule

    Tenancy

    Please refer to Accommodation and Tenancy schedule

    Rent

    £29,400 p.a.

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.

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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Accommodation / Tenancy Schedule

      Local information

      The property is located on the north-west side of South Rd. Close to junction connecting South Rd to Muster Green South. Muster Green S bus stop is located an approx. 0.1 miles from the property. The Broadway bus stop is located an approx. 350ft. from the property. The station is also an approx. 0.5 miles from the property with direct links to London in 45 minutes.

      Transport

      Muster Green S Bus stop - 271 bus

      The Broadway Bus stop - 30 and 31 bus

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums