17280
Unit 1
Strand Quay, Rye, TN31 7AY
| Property Type | Investment / Retail |
| Tenure | For Sale |
| Size | 837 sq ft |
| Price | £195,000 Leasehold |
| Business Rates | Upon Enquiry |
| Energy Performance Rating | This property has been graded as C (60) |
Double fronted retail unit located on Strand Quay
Key Points
- 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.
Available area
| Description | sq ft | sq m |
|---|---|---|
| Main Sales Area | 809 | 75.16 |
| Kitchen | 28 | 2.60 |
| Cloakroom | - | - |
| Total | 837 | 77.76 |
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.
Viewing & Further Information
For further information, or if you would like to arrange a viewing, please contact our agents: