Great Investment Opportunity Heathfield

A very spacious premises is for sale as a great investment opportunity in a prominent High Street location in Heathfield.

It comprises a large ground floor shop of 1,874 sq ft with workshops and store of 725 sq ft. 

There is a further detached store at the rear of 693 sq ft plus car parking.

Above is a vacant 2-bedroomed flat with gas central heating and fantastic views towards The Downs. The whole property is in very good order throughout and is available for sale freehold for £400,000 with full vacant possession.

Bijou Shop Let in Mayfield

Lawson Commercial have let The Old Armoury shop in High Street, Mayfield, a delightful bijou retail premises in a Grade II Listed building next to the Pink Cabbage Produce Company.

The shop comprises 2401 sq ft of retail area together with a cloakroom at the rear and has been let to an antiquarian bookseller from Tunbridge Wells who will be open very shortly.

We are delighted to have let this so quickly and this is another example of a deal being negotiated during the lockdown period.

Large Spacious Shop To Let In Wadhurst

Now available is a large spacious shop in a superb corner position adjoining a free car park in Wadhurst.

With frontage to both the High Street and the car park access road, this shop offers a retail area of 1,456 sq ft, including a side display area with roller shutter doors, plus ancillary accommodation giving a total of 1,537 sq ft.

The property is available on a new 5 year lease at a rent of £25,000 pa.

Prominent Small Industrial Unit To Let In Uckfield

Just come onto the market is a smart, small, end-of-terrace industrial unit facing Bell Lane in Uckfield.

The unit has a gross ground floor area of 1,162 sq ft with 418 sq ft at 1st floor giving a total overall area of 1,608 overall. Formerly used as a small trade counter facility it has a very useful side area suitable for display or additional parking.

The unit is available on new 5 year lease at a rent of £13,500 pa.

Professional Services Department Busy

Lawson Commercial’s Professional Services department, headed by our Chartered Surveyor and Registered Valuer Claudia Grattarola, has been busy over the last year dealing with a range of commercial properties across East Sussex and Kent, even during the Lockdown.

There has been sustained occupier demand for offices and industrial units in these local markets. Coupled with a lack of new supply, rents in the region have seen good growth which remain well above levels seen five years ago. This has translated to a number of successes when reviewing rent for rent reviews and lease renewals for both landlords and tenants alike.

Included in this was negotiating a 22% increase in rent at renewal for the landlord of an 8,000 sq ft office building on an established industrial estate in East Grinstead, and achieving a huge 54% increase at renewal for the landlord of a 6,600 sq ft trade counter unit on Bellbrook Industrial Estate, Uckfield.

Large rental increases at review have also been realised in the nearby and well-established industrial estates of Crowborough and North Farm Road in Tunbridge Wells. Both properties in question provide large warehousing accommodation with office provision. Increases of 43% and 13% respectively were negotiated pre-General Election at a time of uncertainty and caution in making real estate decisions.

Claudia is able to use her experience and knowledge gained during the above renewal and review negotiations, as well as the wealth of evidence available to her from Lawson Commercial’s extensive archives and current Sales activities, to provide valuations in accordance with the RICS Valuation Global Standards for a wide range of different purposes including business and estate planning, divorce, probate and SIPP requirements.

We have been privileged over the last year to value an interesting plethora of property types ranging from small industrial style workshops in rural locations, office suites in town centre locations, and traditional high street shops, all the way to more unusual instructions including a natural burial ground, disused golf club site and a wonderful chronometer, clock and watch maker premises nestled in a predominantly residential area.

Did you know that Lawson Commercial also manage a healthy portfolio of commercial properties in the region? We look after various Client portfolios of shops, offices and industrial units, whether you own one shop personally or ten warehouses through a SIPP.  We currently deal with rent collection, service charge, insurance and lease compliance for over sixty properties. We also monitor any lease events and advise on rental increases to be realised during the course of the lease term. When a tenant vacates a property they will usually have certain obligations regarding how the property is left, known as dilapidations, and this is an area where we can represent landlord or tenant. Last year, we negotiated a healthy cash settlement for the landlord of a high street retail premises in Crowborough, which covered the cost of works necessary before re-letting to a new tenant.

So if you need help with a professional or management matter in connection with a commercial property give Claudia a call.