Claremont, Hastings
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- For Sale By Auction on 24th September 2026
- High Yielding Mixed Freehold Investment
- 3 Bedroom Self Contained Maisonette
- Ground and Lower Ground Floor Commercial Space Currently Used as Hot Food Take Away
- The Entire Building is Currently Let at a Discounted Passing Rent of 17,000 Per Annum
- The Rent Increases to £20,000 Per Annum In March 2028 Until Expiry in July 2028
- Significant Potential For Rental Increase Upon Lease Expiry By Negotiation
- Popular Town Centre and Seafront Location
Description
Auction Guide £185,000
High Yielding Substantial Mixed Freehold Investment
Outstanding opportunity to purchase this mixed Freehold investment comprising of a ground floor and lower ground floor commercial premises trading as Scoffers take away hot food and a large completely self contained 3 bedroom maisonette with private street entrance.
Let on a FRI lease at a discounted rent of £17,000 per annum until March 2028 when the rent reverts to £20,000 per annum for the last quarter as the lease expires on 4th July 2028.
Upon expiry of the lease and depending on negotiation, there is significant rental uplift to be implemented by the separate letting of the commercial and rental parts and possibly using the maisonette as 3 individual letting rooms, subject to any necessary consents.
Brochures
Claremont, HastingsBrochureClaremont, Hastings
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
Notes
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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 Aston Vaughan Auctions, Brighton on 01273 092701.
*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.”