Retail premises for sale in Marina, St. Leonards-On-Sea TN38

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Retail premises for sale

1,034 sq. ft*

Property description

Key Points

  • Current passing rent £9,000pa
  • For Sale £115,000 for the Long Leasehold
  • Convenience store tenant t/a Premier Stores
  • Call for an appointment to view
  • Contact Dyer and Hobbis for lease information
  • St Leonards seafront location

    • Description

    This ground floor property forms part of a Grade II Listed property on St Leonards seafront. Currently tenanted under a 20 year lease (expiring May 2030) to a convenience store operator who has been in occupation since May 2010. The current passing rent is £9,000pa with the next rent review due 13th May 2025.

    Location

    The building is located on the St Leonards on Sea seafront parade close to the landmark building known as Marine Court. The property forms part of a retail parade consisting of retail, restaurant and art galleries. Hastings town centre is a short distance to the East.

    Terms

    The property is available at £115,000 Leasehold.

    The property is held under a 999 year from 2007 paying a peppercorn ground rent.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    Dyer and Hobbis, TN34 on +44 1424 317720 * (local rate)

    Contact Dyer and Hobbis about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Dyer and Hobbis, and do not constitute property particulars. Please contact Dyer and Hobbis for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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