icons_size_white icons_size

AGENT'S DETAILS


St. Leonards-on-Sea – Freehold Shop and Residential Investment

For sale: £175,000.00|1699 Sq Ft|Retail, Flat, General Retail, Mixed Use, Residential, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£175,000.00
SIZE1699 Sq Ft
ADDRESS373 London Road, St. Leonards-on-Sea, East Sussex TN37 6PA
TYPERetail, Flat, General Retail, Mixed Use, Residential, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON2nd June 2020

DESCRIPTION

Investment Consideration:
St Leonards is an affluent and popular town.
Comprises mid-terrace three storey building providing a ground floor shop and a three-bedroom maisonette on the first and second floor.
VAT is NOT applicable to this property.
Occupiers nearby include Asda Supermarket, Tesco Express, Barclays Bank and a variety of other local traders.

Property Description:
The property is arranged as a mid-terrace three storey building providing a ground floor shop and a three-bedroom maisonette on the first and second floor.

The property provides the following accommodation and dimensions:
No. 373 (Ground Floor) Shop: 35.9 sq m (386 sq ft)
Retail area with office and WC

No. 373A (Lower Ground, First & Second Floor): 122 sq m (1,313 sq ft)
Comprises Landing, Living Room, Store Room, 3 Bedrooms, Kitchen, Bathroom and WC
Outside - Courtyard to rear and hardstanding providing off-road parking

Tenancy:
The entire property is at present let to an Individual for a term of 7 years from 1st August 2019 a current rent of £12,300 per annum and the lease contains full repairing and insuring covenants. The lease provides a rent review every 3rd year and rent deposit is held of £1,025.

Location:
The property is situated within easy access of the A21 on the east side of London Road, close to Asda Supermarket, Tesco Express, Barclays Bank and a variety of other local traders. St Leonards-on-Sea is a town and seaside resort in the Borough of Hastings in East Sussex, England. St Leonards is an affluent and popular town located on the A31 about 10 miles north of Bournemouth town centre. The area enjoys good communications with the A31 linking to the M27 about 13 miles to the north-east and Bournemouth Airport about 5 miles south.

LOCATION

Location: 373 London Road, St. Leonards-on-Sea, East Sussex TN37 6PA

St Leonards Warrior Square (0.8 miles)

Hastings (1.1 miles)

West St Leonards (1.2 miles)

close
What do you think of our website?
Complete our survey and
you could win £1000
Start here