Lot 85
129 Queens Road
Hastings, East Sussex, TN34 1RP
£85,000+
Guide Price
A Commercial & Residential Investment Producing £9,600 per annum
Description
Tenure
Freehold
Location
Queens Road is an established parade close to the heart of Hastings town centre. Nearby occupiers include various local traders. The open spaces of Alexandra Park are within close proximity. Transport links are provided by Hastings rail station.
Description (2nd Column)
The property comprises a basement and ground floor commercial unit with a first floor one bedroom flat and a second & third floor maisonette which has been sold off situated within a mid terrace building arranged over ground and three upper floors.
Accommodation Schedule
| Property | Floor | Accommodation | Lessee | Lease Terms | Current Annual Rent |
|---|---|---|---|---|---|
| Shop | Ground & Basement |
Shop Area | David Salt & Nicola Lawson |
Let from 1st November 2014 until 30th October 2016 at a rent of £400 pcm |
£4,800 |
| Flat | First | Reception Room with Open Plan Kitchen, Bedroom, Shower Room with WC & wash basin |
David Salt | Let on an AST from 16th April 2013 at a rent of £400 pcm (holding over) |
£4,800 |
| Flat | Second & Third |
Not Inspected | N/A | Sold off on a long lease for a term of 100 years | Peppercorn |
Additional Fees
Administration charge: £1,200 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
View Details as PDFEnquire Now
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk
Similar Properties
Enquire about 129 Queens Road, Hastings, East Sussex, TN34 1RP
Sign-up for our newsletter
Get the latest lot details along with new blog posts, straight to your inbox