SOLD

TypeRetail Investments

BN7 Dial House, 220-221 High Street, Lewes

TenureFor sale

Dial House, 220-221 High Street, Lewes, BN7 1/9

Specification

Building size
Building size 2,718 sqft
Property type
Property type Retail Investments
Tenure
Tenure For sale

Description

Dial House is an important, elegant, Listed building built with a Caen stone façade at ground and first floor levels on the southern elevation.

Originally constructed as a house, and later used as offices, the upper parts have been converted into 10 apartments and the ground floor is in retail use.

Location

Lewes is the County Town of East Sussex and is located nine miles east of Brighton and 45 miles south of London. It is served by mainline trains east to Eastbourne, west to Brighton, and north to London Victoria and Gatwick.

The town is a centre for retailing, leisure and restauranteurs with the following all represented:

Tesco Bill's Gail's Bakery

Argos Intersport Vodafone

Waitrose Grapetree Superdrug

Cook Ask Italian Lloyds Bank

Cote White Stuff Clarkes Stationers

Crew Clothing Seasalt Cornwall Specsavers

Caffe Nero Aldi WH Smith

Costa Coffee Boots Harveys Brewery Shop

McDonalds (arriving shortly!)

Amenities

Historic County Town of Lewes

Grade II Listed heritage asset

Pedestrianised prime retail location

Waterstones in occupation since 2014

Newly renewed lease

External repairs programme recently completed

Offers invited in excess of £550,000

A purchase at this level shows a net initial yield of 8.67%

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