A ready-made commercial investment producing a good income situated in a prominent position on St. Leonards seafront.
The property is arranged over two floors and is let to Grand Designs. It is located close to St. Leonards town centre, local shops, amenities and Warrior Square mainline railway station. Hastings town centre can also be found one- mile east of Grand Parade offering a wide variety of amenities including Hastings Pier and Priory Meadow Shopping Centre.
Let for the term of five years from 2022 the substantial commercial unit forms part of a larger block known as Grand Court and is arranged as retail spaces on the ground floor with ancillary space in the basement. There is a single parking space to the rear.
Glass double-fronted entrance leading to open plan retail area, Office and W.C., door to rear.
Lower Ground Floor
Open plan storage.
Parking space to rear.
Let to Grand Designs for a term of five years from 1st March 2022 at a current rental of £11,440 per annum.
Remainder of a 99-year lease, from the 29th September 1985, at a current ground rental of £100 per annum.