7 bedroom property for sale

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7 bedroom property for sale

Haig House, Devonshire Road, Hastings, East Sussex
£160,000

Our Summary

  • Commercial EPC: DImportant:All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers

Description

This freehold property in Hastings town centre offers a unique investment opportunity, comprising a ground floor commercial unit let to Vine House Care Ltd for £15,000 per annum, as well as seven flats sold on long leases providing a total ground rent of £450 per annum. The commercial unit benefits from a reception area, office space, kitchen, and WC facilities, making it an ideal space for a variety of businesses. The flats, each sold on a 125-year lease, offer a steady income stream with ground rents rising every 25 years. With easy access to Hastings mainline railway station and Priory Meadow shopping centre, this property presents a great chance to generate passive income while being located in a bustling town centre.
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