Lot 19 Town Centre Commercial Unit For InvestmentAuction Date:
24th July 2025
47-49 Robertson Street & 11-13 Cambridge Road, Hastings, East Sussex, TN34 1HL
Currently let at £42,000 per annum
A substantial commercial building located in the heart of Hastings town centre surrounded by various local and national retailers and a short distance from the Hastings mainline railway station, the seafront and various other amenities. The property is currently arranged as a bar with the upper parts currently arranged as offices.
47-49 Robertson Street
Ground Floor
Bar area, storage room and kitchen.
Lower Ground Floor
Cellar and a W.C.
First Floor
Room and W.C.
Second Floor
Five rooms and a further room leading on to another room and a W.C.
EPC Rating
E (108). Total Floor Area 180 sq.m.
Tenure
Let on a commercial lease from 14th February 2025 to and including 13th February 2040 at £36,000 per annum rising to £40,000 per annum in the second year of the lease.
11-13 Cambridge Road
Ground Floor
Entrance.
First Floor
Two office rooms.
Second Floor
Two office rooms, kitchen and a W.C.
EPC Rating
To be confirmed.
Tenure
Let on the terms of a Licence to Occupy expiring 1st October 2025 at a current rental of £6,000 per annum.
Viewing
All viewers are to meet the viewing assistant at the entrance of 11-13 Cambridge Road.
There is an addendum available to be read
in conjunction with the legal documentation.
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
