Industrial for sale in Handguard House, Laser Lane, St Leonards On Sea TN37

£150,000 (£173.81/sq. ft)
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Industrial for sale

From 863 - 1,905 sq. ft*

Property description

Key Points

  • Fully Let
  • For Sale at £150,000 Freehold
  • Let via 2 separate leases
  • Potential for rental growth
  • Description

    The property is arranged over two floors tenanted under separate leases. Internally the property is arranged as Ground Floor Workshops and First Floor Workshop/Artists' Studios. The ground floor has pedestrian access and loading doors . The workshops are laid out as a number of rooms and also includes a small external yard area to the side accessible via the workshop. There is a separate entrance at ground floor level with stairs leading to the first floor which is laid out as two principle rooms with kitchen and wc to the rear.

    Location

    The property is located on Laser Lane which runs to the rear of Kings Road. Access is via Cross Street. There is no direct vehicular access. The St Leonards seafront is located a short distance to the south and Warrior Square mainline station is to the north.

    Terms

    The property is available at £150,000 Freehold. Subject to the current leases/licences. The Ground Floor is currently let at £5,148 per annum and the First Floor is let at £3,120 per annum by way of separate licence agreements. The licence agreements allow for recovery on buildings insurance and require the tenants to be responsible for outgoings and services in relation to the units but not repairs.

    Availability_Text

    The accommodation comprises the following areas:

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

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    For more information about this property, please contact
    Dyer and Hobbis, TN34 on +44 1424 317720 * (local rate)

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Dyer and Hobbis, and do not constitute property particulars. Please contact Dyer and Hobbis for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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