Lot 15: 3 – 4 Western Road & 31 south Street, St. Leonards-On-Sea, East Sussex, TN37 6DG

For sale in our 9th February auction, online or in person at our Newark office at 5pm

For sale by Auction – Terms & Conditions Apply, Enquire for more details.

Considering offers prior to auction

Accommodation / Tenancies (Approximate dimensions)

First floor Flat 1: Open plan reception room/ galley kitchen, bedroom, bathroom/wc. Six month assured Shorthold Tenancy. Eff. day: 11/8/2008 (Holding Over). Rent p.m.: £500

First floor Flat 1A: Open plan reception room/ galley kitchen, bedroom, shower room/wc. Six month assured shorthold Tenancy. Eff. day: 2/3/2018 (Holding Over). Rent p.m.: £500

First floor Flat 2: Open plan reception room / galley kitchen, bedroom, bathroom/wc       Six month assured shorthold Tenancy. Eff. day: 13/2/2019 (Holding Over). Rent p.m.: £550

First floor Flat 3: Two bedrooms, one with en-suite Shower/ WC, reception room / kitchen, bathroom/wc. Six month assured shorthold Tenancy. Eff. day: 5/9/2016 (Holding Over). Rent p.m.: £575

Ground floor Flat 3a: Sold on a long lease for a term of 125 years from 23/1/2017 at a ground rent of £125 Per annum

First floor Flat 4: Open plan reception room / gallery kitchen, bedroom, bathroom/wc. Six month assured shorthold Tenancy. Eff. day: 20/8/2012 (Holding Over). Rent p.m.: £550

First / Second floor Maisonette 5: Two bedrooms, reception room, kitchen / diner, bathroom/wc. Six month assured shorthold Tenancy. Eff. day: 10/5/2021 (Holding Over). Rent p.m.: £800

Ground floor Flat 6: Open plan reception room / galley kitchen, bedroom, bathroom/wc. Twelve month assured shorthold Tenancy. Eff. day: 1/4/2017 (Holding Over).  – £520

Garage 1              No inspected     Rolling Rental Agreement -1/2/2016 – £130

Garage 2              No inspected     Rolling Rental Agreement – 22/1/2020 – £150

Garage 3              No inspected     Rolling Rental Agreement – 22/1/2020 -£151

Garage 4              No inspected     Rolling Rental Agreement -Unknown – £106

First floor Studio Unit: Large Studio room / kitchenette, store room, large bathroom/wc  – VACANT

Rear Workshop: (31 South Street)

Buyer’s Premium:

Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price + VAT upon exchange of the contract.

Please feel free to contact our sales and enquiries team on 01636 558200 or Email us at sales@nalcgroup.co.uk

Basic Facts

Date added: 12/01/23 Post Updated: 2023-01-18 11:09:26 Type: Status:

Features

Current Rent Received £54509 PA
Development Potential
Income Producing
Outbuilding
Parking Available

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