£1,150,000

Property for sale

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Freehold

£1,150,000

(£168.87/sq. ft)

Property for sale

3, 5 & 7 Sedlescombe Road North, St. Leonards-On-Sea TN37

6,810 sq. ft

Local area information

Property location

Nearby amenities

  • Silverdale Primary Academy 0.3 miles
  • St Paul's Church of England Academy 0.5 miles
  • St Leonards Warrior Square 0.9 miles
  • Hastings 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for St. Leonards-On-Sea to find out more about the local area.

Features and description

  • Freehold
  • Total current income £89,250 pa
  • £1,150,000 Freehold
  • Erv after outstanding rent reviews £101,000 pa
  • Commercial elements over approximately 6,810 sq ft
  • Development potential
  • Currently let as three retail units with self contained uppers
  • Businesses Unaffected
Description

Rarely available investment/development block located on busy intersection in St Leonards-on-Sea. Front and rear access available as well as scope to enhance uses within the property including additional flats.

Location

The property is situated within the Silverhill shopping parade which serves the major part of north St Leonards, with nearby occupiers including a bp Service Station, various independent retailers and an Asda Supermarket which provides good parking.

Hastings town centre is a short distance to the south.

Viewings

Viewings strictly by prior appointment with the sole agents.

Terms

The property is available for sale Freehold at £1,150,000

VAT is not payable.

More information

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  1. Zoopla
  2. Commercial for sale
  3. East Sussex
  4. St. Leonards-on-Sea
  5. Sedlescombe Road North