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31 Kings Road, St. Leonards
31 Kings Road, St. Leonards-on-Sea, East Sussex
£310,000
31 Kings Road, St. Leonards-on-Sea, East Sussex
£310,000
Our Summary
- EPC Rating DCouncil Tax Band AResidential EPC: DCommercial EPC: BImportant:All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers
- Auction Date : 01 May 2025
- For Sale by Online Auction
Description
This property is a unique opportunity to purchase a commercial unit and two residential units in the heart of St Leonards. The ground floor commercial unit is currently let to a child and parent 'play and stay' facility, with a five-year lease from November 2023 at a rental of £13,500 per annum. The unit has a play floor area, café facilities, and W.C. The residential units are a two-bedroom flat and a four-bedroom maisonette, both with tenants in situ. The flat is let under a six-month Assured Shorthold Tenancy Agreement from June 2024 at a rental of £1,000 per month, while the maisonette is let under a similar agreement at a rental of £1,100 per month. The property has a total floor area of 98 sq.m. and benefits from a flat roof outside space and EPC ratings of B and D for the commercial and residential units, respectively.