Freehold Mixed Use Investment

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 Auctioneer's Note We have been informed by the vendor that the whole Freehold Title is let under the terms of an overriding Full Repair and Insuring lease for a 16-year term 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.