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Crowborough Shop Investment Sold

October 28, 2021

Lawson Commercial have sold, as an investment, the freehold of 2 Belmont Buildings in the High Street at Crowborough which is let to JP Nails.

The premises comprises a well fitted ground floor shop with a small flat above, held on a long lease expiring in August 2029 at a rent of £15,000 pa.

There was a huge amount of interest in this property and we received 5 offers for the investment. We ended up going to best bids and sold the property for a figure in excess of the asking price of £200,000.

This highlights the very strong demand for investment properties and, bearing in mind that the marketing took place during the pandemic, shows that people are not put off buying something in a High Street at least in the Wealden area.