£195,000

Retail premises for sale

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Freehold

Fixed price

£195,000

(£232.97/sq. ft)

Retail premises for sale

Unit 1, Strand Quay, Rye TN31

837 sq. ft

Local area information

Property location

Nearby amenities

  • Rye (Sussex) 0.2 miles
  • Rye Community Primary School 0.3 miles
  • Rye College 0.4 miles
  • Winchelsea 1.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Rye to find out more about the local area.

Features and description

  • Freehold
  • Investment For Sale
  • For Sale £195,000 Leasehold
  • Yield 7.69%
  • Current rent received £15,000pa
  • Viewing strictly by appointment
  • Close to Rye town centre
Description

This tenanted Rye modern shop unit is available as an investment.

Location

The property is located in the historic town of Rye occupying a prime trading position adjacent to Strand Quay. The property is a short walk to the main retail High Street with nearby occupiers including local retailers and restaurateurs located close to the river.

Terms

The property is available For Sale at £195,000 Leasehold.

The current rent is £15,000pa on a full repairing and insuring lease from 2nd October 2023. The tenant has a break clause at the third anniversary.

The property is held on a 125 year lease from 1st October 1988 paying a peppercorn rent. Please contact Dyer and Hobbis for further details.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Dyer and Hobbis. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Dyer and Hobbis for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. East Sussex
  4. Rye
  5. Strand Quay