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  • John Bray & Sons - Independent Estate Agent Since 1872

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Marina, St Leonards on Sea, TN38 0BU

Marina, Saint Leonards-on-sea TN38 0BU, UK
£79,950

Description

SITUATED:
In a prominent seafront location at St. Leonards-on-Sea directly adjacent to the two-level promenade, the busy marina area offers great passing trade for café’s, restaurants and shops all year round. The beachfront can be found across the road and a popular residential area surrounds this commercial property.

THE PROPERTY:
Currently let on a 5 year agreement (2 years remaining) to the Cafe owner and with only a ground rent payable of £50 per annum, this leasehold commercial property is a great little investment along the St Leonards seafront producing an income of £6,500 per annum with potential to increase to in excess of £8,000 Per annum.

The premises is offered chain free

LEASEHOLD: 99 Years from 1982 – further details in office
GROUND RENT: £50 per annum
SERVICE CHARGE: As & When Basis, 2018 higher than usual at £1,400 – 20% responsibility
TOTAL FLOOR AREA: 42 square metres approx. (454 Sq Ft)
CURRENT LICENSE: A3

£79,950 LEASEHOLD

VIEWING BY APPOINTMENT WITH JOHN BRAY & SONS, HASTINGS, 01424 421544
Note: These details are issued on the understanding that all negotiations are conducted through John Bray & Sons. They do not constitute an offer or form part of a contract and whilst they are believed to be correct all statements are made without responsibility on the part of the agents or the vendor. Neither vendor nor agent make or give representation or warranty whatever in relation to this property. Services, Heating and Appliances described have not been tested by the Agent. You may store and use the material for your own personal use. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the company’s express prior written consent. The owners copyright remains on all reproductions of material taken.

  • Address: Marina
  • City: St Leonards On Sea
  • State/county: East Sussex
  • Zip/Postal Code: TN38 0BU
  • Neighborhood: St Leonards
  • Country: United Kingdom

Detail

  • Price: £79,950