Lot 48 Two Commercial Units And Freehold Of Block For InvestmentAuction Date:
11th December 2024
23-24 Havelock Road, Hastings, East Sussex, TN34 1BP
Currently let at £11,330 per annum
This terraced property contains two self-contained commercial units located on the ground floor with four flats above and a communal residential entrance from Havelock Road. The building is located in Hastings town centre close to a range of major retailers and the Priory Meadow Shopping Centre. Also within close proximity is Hastings mainline railway station and East Sussex College Hastings.
23 Havelock Road
Ground Floor Shop
Shop floor, store room, three rooms, two W.Cs. and kitchen.
Tenancy
Currently vacant.
EPC Rating
B (46). Floor area 108 sq.m.
24 Havelock Road
Ground Floor Shop
Shop floor, W.C., kitchen, and meeting room.
Tenancy
Let on a commercial tenancy from 1st January 2023 with the term ending 1st January 2027 at a current rental of £11,330 per annum.
EPC Rating
B (29). Floor area 84.sq.m.
Flat 1, 24 Havelock Road
Tenure
Remainder of a 125-year lease from 29th September 2018 at a peppercorn ground rent.
Flat 2, 23 Havelock Road
Tenure
Remainder of a 125-year lease from 29th September 2018 at a peppercorn ground rent.
Flat 3, 23-24 Havelock Road
Tenure
Remainder of a 125-year lease from 29th September 2018 at a peppercorn ground rent.
Flat 4, 23-24 Havelock Road
Tenure
Remainder of a 125-year lease from 29th September 2018 at a peppercorn ground rent.
Freehold with Part Vacant Possession
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
