34 Cambridge Road
Hastings, TN34 1DT
| Property Type | Development / Investment / Office |
| Tenure | For Sale |
| Size | 301 to 2,593 sq ft |
| Price | Offers in excess of £250,000 |
| Business Rates | To be confirmed |
| Energy Performance Rating | This property has been set as EPC exempt. Reason: EPC has been commissioned, will be available in less than 28 days |
An end of terrace investment property in Hastings town centre
Key Points
- Multi let building
- OIEO £250,000 Freehold
- Current rental income £22,000pa
- Office building let to 3x tenants
- Hastings Town Centre
- Call for an appointment to view
Description
This 5 storey end of terrace office building is currently let to three tenants. There is a shared entrance hall with staircase leading to all floors. The property benefits from a small parking area to the rear.
Available area
The accommodation comprises the following areas:
| Name | sq ft | sq m |
|---|---|---|
| Ground - Offices | 555 | 51.56 |
| Lower Ground - Offices | 538 | 49.98 |
| 1st - Offices | 654 | 60.76 |
| 2nd - Offices | 545 | 50.63 |
| 3rd - Offices | 301 | 27.96 |
| Total | 2,593 | 240.89 |
Location
The property is located a short distance from the mainline railway station as well as the main retail area of Hastings. The seafront is a short walk to the south.
Terms
The property is available at offers in excess of £250,000 Freehold.
The Lower ground and Ground floors are let to a tenant paying £10,800pa holding over under an informal agreement.
The first floor is let at £6,000pa holding over from a 3 year lease from 1st February 2022
The 2nd/3rd floors are let to a tenant at £5,200pa holding over from a 3 year lease from 1st July 2021
Viewing & Further Information
For further information, or if you would like to arrange a viewing, please contact our agents: