St Andrews Market
Waldegrave Street, Hastings, TN34 1SJ
| Property Type | Investment / Retail |
| Tenure | For Sale |
| Size | 10,750 sq ft |
| Price | £750,000 |
| Business Rates | To be Confirmed |
| Energy Performance Rating | This property has been graded as D (93) |
A town centre retail market of 30 units/pitches available For Sale
Key Points
- Long standing market
- Includes managers offices
- Hastings town centre
- For Sale at £750,000
- Potential gross income circa £100,000pa
- Weekly Rent (Sep 20) £1,840.00
- 5 Units vacant as at Sep 20
Location
The market can be accessed either from the junction of Waldegrave Street and South Terrace opposite the main Priory Meadow Shopping Centre. Alternatively it is accessed via Cornwallis Street to the rear.
Available area
| Description | Sq ft | Sq m |
|---|---|---|
| Gd Fl Units | 6,915 | 642.42 |
| 1st Fl Units | 3,010 | 279.64 |
| 1st Fl Office | 420 | 39.02 |
| 2nd Fl Store | 400 | 37.16 |
| Total | 10,745 | 998.24 |
Terms
The Investment is For Sale at £750,000
Agents Note
Rents range from £16 per week to £143 per week. The weekly rents received as at 1st September 2020 was £1,840.50
The rents include buildings insurance, water rates and maintenance. The tenants are responsible for their own business rates and electricity use.
We understand the Investment is held under a number of titles one of which is Long Leasehold. We understand this is a 999 year lease from 1921 with a 5p per annum sound rent if demanded. Further details are available by request.
Viewing & Further Information
For further information, or if you would like to arrange a viewing, please contact our agents: