Walshes Rd - Storefront Retail/Residential FOR SALE


Crowborough, ESX TN6 3RA
$450,000 USD
143-551-8042
Walshes Rd, Crowborough, ESX for Sale
$450,000 USD
Storefront Retail/Residential - FOR SALE
1/5
null | Request Cap Rate

Walshes Rd
Crowborough, ESX TN6 3RA


HIGHLIGHTS

  • Situated in a largely residential area
  • Good transport links
  • Close to railway station with services to Uckfield and London Bridge/Victoria

OVERVIEW

2 commercial units<br /><br />Asset Management opportunities<br /><br />Privately held freehold<br /><br />Independent 4 bed flat - subject to planning - redevelopment potential<br /><br />Rear yard for development<br /><br /> A FREEHOLD INVESTMENT OF 2 COMMERCIAL UNITS WITH 4 BED RESIDENTIAL FLAT ABOVE AND REAR YARD AREA<br /><br />LOCATION<br />2 Beechview is situated in a largely residential area some 1.5 miles from the main town centre where retailers such as Morrisons, Waitrose, Lidl are situated are about 1.5 miles from the town centre, close to Crowborough & Jarvis Brook railway station with services to Uckfield and London Bridge/Victoria via East Croydon & Clapham Junction. Tunbridge Wells is about 7 miles, East Grinstead about 13 miles and Uckfield about 9 miles.<br /><br />DESCRIPTION<br />Beechview 2 consists of 2 commercial units, forecourt parking, 4 bed flat above together with a rear yard/parking area with 3 blockwork garages and 2 timber clad storage units.<br />The flat is leased seperately on an annual licence. Car parking in front of the retail parade is included as well as the yard to the rear.<br /><br />ASSET MANAGEMENT<br />Opportunities to increase short term income . Due to the plot size and subject to all necessary planning consents there is the possibility for redevelopment at the rear of the site.<br /><br />BUSINESS RATEABLE VALUES: 1 April 2023 to present<br /><br />2 Beechview Parade - £4,600<br />Small Business rate relief is applicable for these properties with rateable values below £15,000.<br /><br />TENURE<br />The freeholds are held under the following title numbers:<br /><br />ESX252137, ESX270829, ESX247338<br /><br />COUNCIL TAX<br />The residential properties:-<br /><br />3 Beechview Parade, Walshes Road, Crowborough - Band A<br /><br />Business and Council tax rates payable are generated via Wealden District Council. .<br /><br />TERMS<br />Offers are invited in the region of £450,000 for the freehold asset, subject to the exsiting income.<br /><br />Please see attached particualars for Tenancy Schedule.<br /><br />VIEWING<br />For viewing and further information please contact the selling agents RH & RW Clutton Benedict Hall<br />RH & RW Clutton East Grinstead Office -[use Contact Agent Button]<br />[use Contact Agent Button]<br /><br />

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beechview Parade

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

-

APN/PARCEL ID

ESX270829

ASK ABOUT THIS PROPERTY

Benedict HallRH & RW CluttonMore Info
143-551-8042

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Benedict HallRH & RW CluttonMore Info
143-551-8042

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.