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Lot 66 Freehold Mixed Use InvestmentAuction Date:
5th November 2026
32 Kings Road, St. Leonards-on-Sea, East Sussex, TN37 6DX
Currently let at £33,282.64 per annum
A freehold mixed use investment comprising two ground floor commercial units, together with two separately accessed residential flats located above.
The property is situated in a prominent position on Kings Road, St Leonards-on-Sea, within easy reach of local shops, amenities and the seafront. The freehold building is currently let at £33,282.64 per annum.
Commercial
Occupied as Coral Racing Ltd
Ground Floor
Shop floor with customer counter/till area, W.C and kitchenette to the rear.
Basement
Basement room.
EPC Rating
To be confirmed.
Occupied as Mister Heelys
Ground Floor
Shop Floor with customer counter/till area, W.C and kitchenette to the rear.
Basement
Basement room.
EPC Rating
To be confirmed
Residential
The residential accommodation is accessed separately from Cross Street.
Flat 1
First Floor
Entrance Hall, living room overlooking Kings Road, kitchen, bathroom with bath and basin, separate W.C., bedroom with bay window and second bedroom.
EPC Rating D
Council Tax Band A
Flat 2
Top Floor
Living room overlooking Kings Road, kitchen overlooking Kings Road, bedroom with en-suite bathroom with shower and basin, two further bedrooms, bathroom with bath and basin and separate W.C.
EPC Rating
To be confirmed.
Council Tax Band A
Tenancy
The whole Freehold Title is let under the terms of a 16-year lease at £33,282.64 per annum from 3rd February 2011 and ending on 2nd February 2027. Further information will be available to download from the Clive Emson website.
Further Information
Jade Flood/Chris Milne
on 01273 504232
Viewings
Applicants may view the lot externally only
Service Providers
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Local Information
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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
