3 and 3a Park Parade, South Road, Haywards Heath | Property for sale | Savills
Guide price £350,000(₹ 3,82,75,654)

3 and 3a Park ParadeSouth Road, Haywards Heath

  • New
  • Sole agency
  • Freehold
Investment
Yield 8.4%Yield

Key features

  • Comprising of commercial unit and a two bedroom duplex flat
  • Commercial unit let on 10 year FRI lease from July 2024 w/ Personal Guarantees
  • No tenant options to break & upwards only rent review in Yr 5
  • Duplex flat let on an new 12 month AST from July 24 at £11,400 p.a.
  • Haywards Heath Station is located an approx. 0.5 miles from the property
  • VAT free investment
  • 6 week completion available
  • Investment let at £29,400 p.a. (8.4% GIY on guide)

A freehold mixed use property comprising of commercial unit at ground floor and a two bedroom duplex flat arranged over the first and second floors.

About this property

  • A mixed use commercial property located on a busy and established shopping parade comprising of a commercial unit at ground floor and a 2 bedroom duplex flat above situated over 1st & 2nd floor. Both the commercial unit and residential unit have rear access. Nearby occupiers include a wide range of established independent and local retailers

Local information

  • The property is located on the north-west side of South Rd. Close to junction connecting South Rd to Muster Green South. Muster Green S bus stop is located an approx. 0.1 miles from the property. The Broadway bus stop is located an approx. 350ft. from the property. The station is also an approx. 0.5 miles from the property with direct links to London in 45 minutes.