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HAIG HOUSE, STATION ROAD, DEVONSHIRE ROAD, HASTINGS, EAST SUSSEX, TN34 1NH Guide: £480,000 - £500,000



First Floor Office Suite.


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TOWN CENTRE FREEHOLD COMMERCIAL INVESTMENT

Currently Let At: £29,375 Per Annum

Situated within the heart of the town centre and considered ideal for continued investment, the property is currently let on a new 10 year lease at a rental of £29,000 per annum. In addition, there are three flat units, entered via a separate access to the side, each sold under the terms of a 125 year lease.

The building is occupied by "Oakfields" who have resided since 2002 and have been trading for over 14 years. The company currently has three offices within the Sussex region and Haig House is their head office within the region. There is parking to the rear and the property has been well maintained.

Commercial
Ground Floor
Split level main sales area with store room and W.C.
First Floor
Main office, meeting room and server/computer room.
Second Floor
Two offices, kitchen/staff room and W.C.
Tenancy
Let on a new 10 year fully repairing and insuring lease at a current rental of £29,000 per annum.

Residential
Flat 1
Tenure
Sold under the terms of a 125 year lease from the 17th February 2006 at a current ground rental of £125 per annum, doubling every 25 years.
Flat 2
Tenure
Sold under the terms of a 125 year lease from the 3rd August 2005 at a current ground rental of £125 per annum, doubling every 25 years.
Flat 3
Tenure
Sold under the terms of a 125 year lease from the 17th October 2005 at a current ground rental of £125 per annum, doubling every 25 years.

Outside
Rear access and parking for four vehicles.

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