An investment and potential development opportunity (STPP) in Burgess Hill, West Sussex. Burgess Hill is a thriving town situated in Mid Sussex and is approximately 11 miles north of Brighton, 3 miles south west of Haywards Heath and 17 miles to the south of Crawley and Gatwick Airport. Central London is approximately 43 miles to the north and the A23 is within 3 miles to the west, accessed via the A23.
This property is centrally located and is on the corner of London Road and Lower Church Road. Offering a mixture commercial and residential units comprising a garage with offices, self contained shop and a two bedroom first floor flat.
Returning £39,200 per annum, £20,000 for the garage and offices, £8,400 for the shop (currently leased to a tanning business) and £10,800 for the two bedroom residential flat.
The sale of the freehold is available for offers in the region of £900,000 and as we understand, there is no VAT applicable.
Each party will be responsible for their own legal costs and we advise contacting the Local Rating Authority to confirm rates.