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6 Claremont, Hastings, East Sussex, TN34

Fixed Price
£120,000

£92.88 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

1,292 sq ft

120 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: Class E

E

Key features

  • Comprises retail premises at ground floor and basement
  • Includes 4 flats above which have been sold-off
  • Rental Income: £1,000 p.a.
  • ERV: £ 13,000 p.a. GIY: 10.83%

Description

Investment Consideration:
Rental Income: £1,000 p.a.
ERV: £ 13,000 p.a. GIY: 10.83%
VAT is NOT applicable to this property
Comprises retail premises at ground floor and basement with 4 flats above which have been sold-off
Property benefits from seafront location, within 8 min walk from Hastings Train Station, with retail occupiers nearby including hair salon, café, takeaways and more.

Property Description:
Comprises ground floor shop with ancillary at basement and four self-contained flats above (sold-off), providing the following accommodation and dimensions:
Ground Floor: Open plan retail, Storage, Office
Basement: 5 Rooms, 2 WCs
First-Fourth Floors: 4 Flats (sold-off)
Retail area size 120 sq m (1,292 sq ft)

Tenancy:
The retail shop is at present vacant. ERV: £12,000 p.a.
Flat 1 has been sold-off for a term of 99 Years from 12th December 2017 at a ground rent of £250 p.a.
Flat 2 has been sold-off for a term of 99 Years from 29th October 2018 at a ground rent of £250 p.a.
Flat 3 has been sold-off for a term of 99 Years from 11th October 2018 at a ground rent of £250 p.a.
Flat 4 has been sold-off for a term of 99 Years from 27th July 2017 at a ground rent of £250 p.a.

Location:
Hastings is a seaside town and borough in East Sussex on the south coast of England, 24 mi (39 km) east of Lewes and 53 mi (85 km) south-east of London. The property benefits from seafront location, within 8 min walk from Hastings Train Station and occupiers nearby including hair salon, café, takeaways and more.

Brochures

6 Claremont, Hastings, East Sussex, TN34

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hastings Station0.2 miles
  • St Leonards Warrior Square Station0.7 miles
  • Ore Station1.1 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a

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Notes

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