Investment for sale St. Leonards-on-Sea TN37 7BA,5192sq ft

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Investment

Investment For Sale St. Leonards-on-Sea

PROPERTY ID: 130868

PROPERTY TYPE

Investment

STATUS

Available

SIZE

5,192 sq.ft

Key Features

Let to The Southern Co-operative Limited

15 year FRI lease from July 2014 granted inside Landlord & Tennant Act 1954

Current rent of £87,560 per annum exclusive.

Price - £1,100,000 exclusive

Property Details

The Property Comprises A Ground Floor Retail Unit And Unused Upper Parts Within The Redevelopment Of A Former Public House, The Victoria Inn. Internally, The Ground Floor Provides An Open Plan Convenience Store And Back Of House Area Providing Storage And Office. The First Floor Which Is Currently Only Accessible Via A Loft Ladder Is Currently Arranged As 8 Rooms Which Include 2 Bathrooms And A Kitchen. The First Floor Accommodation Is Currently Not Used By The Tenant And Is In An Un-refurbished Condition. Externally There Are 11 Car Parking To The Side Of The Property And A Further Disabled Space And Loading Area To The Front.

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About the Agent

Vail Williams

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Investment Unit

£1,100,000 Freehold

290 Battle Road, St. Leonards-on-Sea, TN37 7BA

Investment - Available
5,192 sq ft
482 sqm

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