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Commercial Property for sale

Wellington Place, Hastings, East Sussex, TN34 1NY

Guide Price* £825,000

Property Description

Key features

  • Freehold retail investment
  • Asset management and possible future residential development opportunities (subject to necessary consents)
  • Town centre location

Full description

Tenure: Freehold

For Public Auction at 5th December at 11:00

Location
The historic town of Hastings is located 24 miles east of Lewes and 53 miles south east of London. The property is situated in the town centre on the south side of Wellington Place in the pedestrianised section near Saint Leonards Warrior Square railway station. Nearby occupiers include Caf Nero, KFC, McDonalds and Costa Coffee.


Description
Two terraced period properties arranged as two ground floor retail units and ancillary self contained offices over the first, second, third and fourth floors. The upper floors have separate access and currently form part of No.10 and span both buildings. There is also rear access from Pelham Street.

Tenure
Freehold.

Planning Authority
Hastings Borough Council (01424 451066) www.hastings.gov.uk.

Planning & Development
The upper floors may have future residential development potential, subject to obtaining all the necessary consents.

For EPC Rating please see legal documentation.

Please refer to the legal documentation.

For further information please go to www.lshauctions.co.uk


Map & Street View

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Lambert Smith Hampton, Auctions on 0208 012 7784.


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