OF INTEREST TO BUILDERS, PROPERTY DEVELOPERS
FOR SALE: A CENTRALLY SITUATED DEVELOPMENT SITE WITHIN THE HEART OF THE TOWN
PLANNING PERMISSION GRANTED FOR THE CONSTRUCTION OF A 4 STOREY BUILDING COMPRISING SHOP TOGETHER WITH 5 FLATS
No’s 70/72 London Road East Grinstead West Sussex RH19 1AB
PRICE GUIDE: O.I.R.O. £450,000
VIEWING: By prior telephone appointment through Park & Bailey Commercial. Contact Philip Baker FRICS, FNAEA or Nikki Potterton on 01342 321272. 70/72 London Road, East Grinstead, West Sussex, RH19 1AB
LOCATION: The Site is situated in a prominent position fronting the main London Road in the heart of the prime retail area of East Grinstead. Major retailers nearby include Boots, WH Smith, Millets, Waterstones, Robert Dyas and Superdrug. East Grinstead has developed over the years as a commercial and business centre. The railway station with services to London via East Croydon and the bus terminus are both within approximately 0.4 miles. Junction 10 on the M23 motorway is approximately 6 miles distant, this gives access to Gatwick International Airport, connects to the north with the M25 London Orbital Motorway and to the south with the A23 trunk road to Brighton and the South Coast.
DESCRIPTION: This Vacant Development Site with the benefit of planning permission.
THE SITE: The Site has a frontage to London Road of approx 8.3m (17’3”) and a total depth of 20.9m (66’) N.B. Measurements scaled from plans.
PLANNING: Our Clients have obtained Planning Permission under Reference No. 11/00973/EOT for the construction of a Retail Shop on the ground floor together with basement. The first floor comprises a 2 bedroom apartment with kitchen, bathroom and sitting room, whilst on the second floor there is a one bedroom apartment and a studio apartment and the third floor also comprises a one bedroom apartment together with a studio apartment. N.B. Plans can be inspected at the Agents Offices by arrangement or e- mailed to interested parties on request.
SERVICES: We are advised that mains gas water, electricity and drainage are available but intending Purchasers should make there own enquiries.
PRICE: Offers invited for the freehold interest in the region of £450,000
VALUE ADDED TAX: Prospective Tenants are reminded that under the Finance Act 1989, Value Added Tax may be payable on the rental. Intending Tenants should make their own enquiries.
VACANT POSSESSION: On completion of the Sale.
LEGAL COSTS: Each party to pay their own legal costs.
L0CAL AUTHORITY: Mid Sussex District Council, Oaklands Road, Haywards Heath, West Sussex, RH16 1SS, Telephone: 01444 458166.
COUNTY AUTHORITY: West Sussex County Council, County Hall, West Sussex, Chichester, West Sussex, PO19 1RQ.
PARK & BAILEY COMMERCIAL for themselves and the vendors of lessors, of this property whose agents they are, hereby give notice that the particulars may not and do not constitute any part of a contract or representation and Park & Bailey Commercial nor their servants or agents have any authority to make any representation or warranty in relation to this property. Park & Bailey Commercial have not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are connected; in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor and/or Surveyor. Note: All areas are approximate net internal measured in accordance with the RICS Code of Measuring Practice.
CODE OF PRACTICE Applicants should be aware that the code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified Surveyor, Solicitor or Licenced Conveyancer before agreeing or signing a Business Tenancy Agreement. The code is available through professional institutions and trade associations or through the website www.commercialleasecodeew.co.uk