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14-16 Marine Court, St. Leonards-on-Sea, East Sussex
£165,000

Our Summary

  • Important:All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers
  • Auction Date : 18 September 2025
  • For Sale by Online Auction

Description

This rare opportunity presents a triple-fronted unit at Marine Court, a prominent landmark building on St Leonards seafront, with a basement and easy access to local shops, amenities, and Warrior Square mainline railway station. The leasehold commercial unit is currently occupied by a tenant under a lease until 2032, paying £22,500 per annum in rent and £7,500 per annum in service charges. The property offers a basement with changing rooms, studio space, therapy rooms, and a store room, as well as an open-plan studio space on the ground floor with access to communal washrooms. The property is being sold with a remainder of a 999-year lease from 1980, with a current ground rent of £25 per annum, and a remainder of a 99-year lease from 1980, also with a current ground rent of £25 per annum.