Purchased in 2007 and intensively asset managed in-house throughout the whole period of ownership, this investment forms a complete parade of 6 shops and two large two-bedroomed apartments arranged above. The property benefits from substantial land to the rear, which is currently used for car parking and the asset comprises an entire block of property. The parade consists of a wide mix of tenants including two takeaway food operators, a hairdresser, two residential estate agents and a specialist art supplies retailer.
The properties are well located nearby to other retail occupiers including Barclays, HSBC and a number of independent traders. The parade is situated within a central position on the east side of the High Street in the southern town of Polegate, which lies just four miles north of Eastbourne in the county of East Sussex. Polegate mainline railway station is about 50 yards to the south, offering a 1 hour 20 minute train ride to London’s Victoria station.