St. Leonards-on-Sea, TN38 0BU
Property Type | Investment / Retail |
Tenure | For Sale |
Size | 1,034 sq ft |
Business Rates | Upon Enquiry |
Energy Performance Rating | This property has been graded as B (48) |
This ground floor property forms part of a Grade II Listed property on St Leonards seafront. Currently tenanted under a 20 year lease (expiring May 2030) to a convenience store operator who has been in occupation since May 2010. The current passing rent is £9,000pa with the next rent review due 13th May 2025.
The accommodation comprises the following areas:
Name | sq ft | sq m |
---|---|---|
Ground - Total Area | 1,034 | 96.06 |
Total | 1,034 | 96.06 |
The building is located on the St Leonards on Sea seafront parade close to the landmark building known as Marine Court. The property forms part of a retail parade consisting of retail, restaurant and art galleries. Hastings town centre is a short distance to the East.
The property is available at £115,000 Leasehold.
The property is held under a 999 year from 2007 paying a peppercorn ground rent.