End terrace house for sale in George Street, Hastings TN34

Summary
Welcome to the market this investment opportunity - a ground floor restaurant with commercial kitchen plus living space above with 4 bedrooms, lounge, kitchen, bathroom and two separate W/C and basement with 3 large cellar rooms.

Description
This property offers a unique blend of commercial and residential space, presenting an attractive investment opportunity with the potential for significant returns once the necessary work is completed. With thoughtful renovations and effective management, this property can become a lucrative asset in your investment portfolio.

A spacious and welcoming dining area capable of accommodating numerous tables, ideal for serving a significant number of customers. Fully equipped with essential appliances and ample space for food preparation and storage, though may require some updates to meet current health and safety standards.

Above the property you will find four well-sized bedrooms, lounge, kitchen & bathroom. Each room offers natural light and potential for personal customization. The kitchen is equipped with necessary appliances, possibly requiring modernisation to enhance functionality and aesthetics. The bathroom includes standard fixtures such as a bathtub, shower, sink, and toilet. Likely in need of some updates or repairs to ensure comfort and reliability.

Consider the property's location, foot traffic, and local demand for dining as these factors will influence the investment's success.

Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Porch

Resturant 36' 7" x 17' 6" ( 11.15m x 5.33m )

Commercial Kitchen 18' 1" x 12' 9" ( 5.51m x 3.89m )

Cellar One 17' 6" x 17' 6" ( 5.33m x 5.33m )

Cellar Two 36' 1" x 17' 6" ( 11.00m x 5.33m )

Cellar Three 17' 6" x 9' ( 5.33m x 2.74m )

Hallway
Leading to upstairs

Cloakroom
has two separate w/c

Lounge 18' 1" x 13' 8" ( 5.51m x 4.17m )

Kitchen 12' x 8' 7" ( 3.66m x 2.62m )

Bedroom Four 13' 8" x 11' 9" ( 4.17m x 3.58m )

Bedroom One 18' 1" x 12' ( 5.51m x 3.66m )

Bedroom Two 14' 3" x 8' 9" ( 4.34m x 2.67m )

Bedroom Three 12' 8" x 8' 7" ( 3.86m x 2.62m )

Bathroom

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.