INVESTMENT OPPORTUNITYRush Witt & Wilson are pleased to offer a lock up commercial unit situated in a busy and prominent position close to railway station, supermarket and the town centre.The unit comprises retail area with large window and door to the front and cloakroom with wash basin and wc. Currently trading as a retail shop with tenant in situ.Prior approval has been confirmed, for change of use to bedsit ( Class C3 - Dwellinghouse ). Offered on a new long lease of 125 years.For further information and to arrange a viewing please call our Rye Office 01797 224000.LocalityConveniently located in the heart of Rye an ancient Cinque Ports Town on the south coast, the town offers a bustling High Street with a fine selection of specialist and general retail stores, an array of historic inns and restaurants alongside contemporary wine bars and eateries. Rye boasts the famous cobbled Citadel, working quayside, weekly farmers / general markets and a railway station which allows access to Brighton in the west and to Ashford in the east where there are connecting high speed services to London. Primary and secondary schooling is available in the town, along with a sports centre with indoor swimming pool.The town is boarded by beautiful undulating countryside and a short drive away from Rye Harbour, there is a nature reserve with access to miles of open shingle beach, this forms part of the stunning coastline of the Rye bay, which is also home to the famous Camber Sands, also only a short drive away.Retail Area6.10m x 3.99m (20' x 13'1)Large triple window and door to the front. Divided to provide storage area.Cloakroom/WC1.19m x 0.84m (3'11 x 2'9)Wash basin and wc.TenureLeaseA new 125 year lease will be granted.Maintenance / Service ChargesWe have been advised that the annual service charge is ?375 and the annual ground rent is ?100.Agents NoteNone of the services or appliances mentioned in these sale particulars have been tested.It should also be noted that measurements quoted are given for guidance only and are approximate and should not be relied upon for any other purpose.Council Tax Band TBAA property may be subject to restrictive covenants and a copy of the title documents are available for inspection. If you are seeking a property for a particular use or are intending to make changes please check / take appropriate legal advice before proceeding.The business rateable value is ?3,650.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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