Commercial Unit with Ground Rents Hastings TN34

Property Types

Auction date: Thu, 06/02/2025 - 11:00

Guide Price £130,000+. A freehold mid-terrace property located within easy reach of various local and national retailers and a short distance from Hastings mainline railway station. The property comprises a commercial unit occupying the ground floor and the lower ground floor and car park to the rear. Flats 1-3 sold on 125 year leases from 26th August 2016 at a current ground rent of £100 per annum, per flat, doubling every 25 years. Basement sold on a 99 year lease from 9th September 1999 at a current ground rent of £50 per annum.

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