£460,000
(£350.88/sq. ft)
Property for sale33-35 Sedlescombe Road North, St Leonards On Sea TN37
1,311 sq. ft
EPC Rating: D
Freehold
About this property
Current rental income £42,650pa
For Sale at £460,000 Freehold
2x Retail Units
2x Maisonettes
Call for an appointment to view
Busy retail parade
Description
The property comprises two individual retail units and two self-contained maisonettes above. The maisonettes are accessed via a separate communal ground floor entrance. The maisonettes were fully refurbished in 2019 and a new fire alarm system has recently been installed.
33a has two bedrooms, kitchen/dining room, Lounge and bathroom.
35a has three bedrooms, kitchen/dining room, Lounge and bathroom.
Internal photographs of the maisonettes are available on request.
Location
The property is located in the busy retail parade of Silverhill within St Leonards on Sea. Hastings town centre is a short distance to the south. Asda supermarket is located across the street.
Terms
The Investment is available For Sale at £460,000 Freehold.
Shop 33 is let on a lease expiring June 2027 at a rent of £7,000pa
Shop 35 is let on a lease expiring June 2027 at a rent of £12,250pa
Maisonette 33a is let at £10,800pa
Maisonette 35a is let at £12,600pa
The property comprises two individual retail units and two self-contained maisonettes above. The maisonettes are accessed via a separate communal ground floor entrance. The maisonettes were fully refurbished in 2019 and a new fire alarm system has recently been installed.
33a has two bedrooms, kitchen/dining room, Lounge and bathroom.
35a has three bedrooms, kitchen/dining room, Lounge and bathroom.
Internal photographs of the maisonettes are available on request.
Location
The property is located in the busy retail parade of Silverhill within St Leonards on Sea. Hastings town centre is a short distance to the south. Asda supermarket is located across the street.
Terms
The Investment is available For Sale at £460,000 Freehold.
Shop 33 is let on a lease expiring June 2027 at a rent of £7,000pa
Shop 35 is let on a lease expiring June 2027 at a rent of £12,250pa
Maisonette 33a is let at £10,800pa
Maisonette 35a is let at £12,600pa
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Monthly repayment
£2,301 per month
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