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Cortlandt 18 George Street, BN27 1AE

Offices for rent

-
£863,340
Per annum
SOA
Space

PROMINENT TOWN CENTRE OFFICE INVESTMENT

442.25 SQ M (4,761 SQ FT)

Status

For Sale

Location

Hailsham, a small former market town in East Sussex, has a population in excess of 20,000 and is situated alongside the A22 just north of its intersection with the main A27 arterial route. The port of Newhaven is only 15 miles to the west, Brighton is 20 miles to the west, with access to the A23/M23 and Eastbourne, with its marina is within easy reach to the south.

The property occupies a prominent location at the entrance to Hailsham town centre, occupying a raised corner plot position at the junction of George Street with North Street. The property's location benefits from the local shopping amenities of Vicarage Field and the Quintin Shopping Centre.

The property comprises a substantial detached Grade II Listed building providing accommodation over basement; ground; first and attic floors. The ground and first floors provide a number of office suites, (which are currently multi-let) together with communal kitchen and W.C facilities, whilst the basement and attic currently provides storage accommodation.

The property is set within a large plot of approximately 0.5 acres (0.20 hectares) with car parking and landscape gardens.

Accommodation

The premises have the following approximate net internal floor areas:

Accommodation

Size (sq m)

Size (sq ft)

Lower Ground Floor

Cellar storage

37.52

404

Ground Floor

Storage

5.22

Room 1

62.70

675

Room 2

22.22

239

Room 3

34.40

370

Room 4

16.20

174

Room 5 (meeting room & kitchenette)

18.55

200

First Floor

Room 6

38.30

412

Room 7

14.50

156

Room 8

6.90

Room 9

21.80

235

Room 10

34.72

374

Room 11

17.90

193

Room 12

18.02

194

Room 13

13.90

150

Room 14

41.90

451

Attic

Storage within roof

37.50

404

Total

442.25

4,761

Planning

The property is understood to benefit from B1 (office) use under the Town & Country Planning Act (Use Classes) Order 1987. Conversion of the attic accommodation to office or residential use is considered possible, subject to the receipt of planning and other consents.

Tenure

The property is available by way of a sale of the freehold interest, subject to the existing tenancies.

Tenancies

Please see the Tenancy Schedule attached.

Rent

The gross rent currently receivable is £71,945 per annum exclusive. When deducting non-recoverable service charge items the current net rent receivable is approximately £53,000.

VAT

VAT is understood not to be chargeable on the terms quoted.

Legal Costs

Each party to be responsible for their own legal costs.

Price

Offers in the region of £700,000

Business Rates

The business rates for Cortlandt are currently rated per room. Details can be viewed on the Tenancy Schedule.

Energy Performance Rating

This property has been set as EPC exempt.

Reason: Listed building

Listed Features

  • Outdoor Space
  • Basement
  • Office
  • Storage
  • Parking
  • Period Design
  • Meeting Room
  • Multiple floors
  • Kitchen
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Property Marketed By
Crickmay Chartered Surveyors