23 Robertson Street, Hastings, East Sussex, TN34 1HL

SITUATION
Located in the heart of the town centre amongst a host of popular Restaurants, Bars and independent traders, close to the junction with Cambridge Road and the multiple retailers in Queens Road, and only a few minutes' walk from the Seafront.
Hastings is a popular seaside resort enjoying easy access to the A21, situated approximately 13 miles east of Eastbourne and 25 miles west of Folkestone.

PROPERTY
An attractive mid terraced period building comprising a Ground Floor Shop with Basement Storage plus internal access to a Coffee Lounge at first floor level and a large Self-Contained Flat on the second and third floors.
There is a rear service road via Robertson Passage allowing vehicular access for unloading plus a dumb waiter running from the basement to the first floor Coffee Lounge.

VAT is NOT applicable to this Lot

FREEHOLD


ACCOMMODATION

Ground Floor Shop
Gross Frontage 20'1"
Internal Width 18'8"
Shop Depth 35'3"
Built Depth 48'10"
Sales Area Approx. 655 sq ft

Basement
Storage, Kitchen/Prep Area Approx. 900 sq ft
WC

First Floor Coffee Lounge (seats 35)
Area Approx. 815 sq ft
WC

Second & Third Floor Flat
3 Bedrooms, Living Room, Open Plan Kitchen/Dining Room,
Shower Room/WC
GIA Approx. 1,290 sq ft


TENANCY
The entire property is let on a full repairing and insuring lease to K. Burden & S. White as a Café/Gift Shop for a term of 20 years from 5th January 2015 at a current rent of £21,500 per annum exclusive rising to £22,500 p.a. on 5th January 2026 and £23,500 p.a. on 5th January 2027.

Rent Review 2030

Note 1: The lessees live in the flat and have maintained it to a high standard.

Note 2: The lessees have been in occupation of the property for approx. 30 years.

Note 3: 6 Week Completion