Property for sale in Cambridge Road, Hastings TN34

For sale by auction on 27th June 2024

Mixed freehold investment to be fully let and producing £37,560 per annum at a highly sought after yield of 10%.

Situation within the heart of the town center, the property is literally on the doorstep of just about everything required and comprises of:

Lower Floor
Let to a local restaurant on a 10 month license from December 2023 at a passing rent of £7,860 per annum.

Ground Floor
Let to a local optician on an Fri lease for a 2 year period from December 2023.

First Floor Flat
Newly converted and renovated 1 bedroom flat to be let on an AST at a passing rent of £9,600 per annum.

Top Floor Maisonette
Newly converted and renovated 2 bedroom maisonette to be let on an AST at a passing rent of £13,800 per annum.

*Fees apply please refer to auction team*