36 Norman Road
St. Leonards-on-Sea, TN38 0EJ
| Property Type | Investment |
| Tenure | For Sale |
| Size | 844 sq ft |
| Price | £325,000 |
| Business Rates | Upon Enquiry |
| Energy Performance Rating | This property has been graded as C (71) |
A retail/residential investment in the heart of St Leonards
Key Points
- Fully Let
- For Sale at £325,000 Freehold
- Current rent receivable £18,300pa
- Norman Road location
- Call for an appointment to view
- Full lease details available on request
Description
This St Leonards on Sea property consists of a ground and basement retail unit with a 2 bedroom self contained flat above let on an AST. The flat is approached from the pedestrianised pathway at the rear of the property.
Available area
The accommodation comprises the following areas:
| Name | sq ft | sq m |
|---|---|---|
| Ground - Sales Area | 361 | 33.54 |
| Ground - Offices/Sales | 236 | 21.93 |
| Ground - Staff | 19 | 1.77 |
| Basement - Stores | 228 | 21.18 |
| Total | 844 | 78.42 |
Location
The property is located in the much sought after Norman Road area of St Leonards on Sea with nearby occupiers including local retail traders, restaurants, an independent cinema and post office. The seafront is a short walk to the south and the mainline railway station is located at the end of Kings Road to the north.
Terms
The property is available at £325,000 Freehold
We understand the shop and basement are let at £10,800pa on a 6 year lease from July 2022.
The flat is let on an AST at £7,500pa
Viewing & Further Information
For further information, or if you would like to arrange a viewing, please contact our agents: