2 Bedrooms Retail premises for sale in Battle Road, St Leonards-On-Sea, East Sussex TN37 | £ 285,000

Property Description

Freehold investment opportunity - two shops & flat. Currently producing approx £21,500 per annum and set in battle road with further potential for further increase in income.

The two bedroom flat was refurbished in recent years but requires some cosmetic improvements. They are current producing £575 per calender month.

The small salon (grade 1) is up for renewal and the larger salon is approximately 3 years into a 5 year agreement. Both salons include certain fixtures and fittings tba.

In addition to the self contained salons and flat there is a basement area providing three rooms that may offer some potential (subject to an necessary planning consent and building regulations). An area of decking looks out onto the rear garden.

The building presents rendered elevations below a concrete tiled roof with double glazing and the flat has gas central heating. The building as a whole was refurbished approximately 10 years ago but now requires some cosmetic improvement.

Flat

Hallway with loft access, recessed lighting and radiator.

Living Room (12'1 x 11'8 (3.68m x 3.56m))

Window to front, radiator, recessed lighting, storage cupboard.

Kitchen (12 x 7'5 (0.30m x 2.26m))

Window taking in views to the rear, recessed lighting, kitchen fitted with a range of eye and base level cupboards and drawers with work surfaces over, four ring gas hob with oven below, extractor over, stainless steel sink with mixer tap and drainer, wall mounted gas fire boiler and radiator.

Bedroom One (11'10 x 11'8 (3.61m x 3.56m))

Window to rear aspect, double radiator, recessed lighting.

Bedroom Two (11'8 x 8'8 (3.56m x 2.64m))

Window to front, recessed lighting, radiator.

Bathroom

Window to side, tiled floor, part tiled walls, white panelled bath with shower over, low level wc, pedestal wash hand basin, heated towel rail.

Salon One (26'4 x 8'3 (8.03m x 2.51m))

Slate tiled floor, recessed lighting, currently trading as a hair salon.

Rear Wash Room (11'3 x 9'5 (3.43m x 2.87m))

Window to rear and fitted with a range of base and wall mounted cabinets with work surfaces over, stainless steel sink, recessed lighting, window to rear.

Rear Salon (9' x 5'3 (2.74m x 1.60m))

Recessed lighting, slate flooring, double doors to rear decked area taking in views over the garden.

Salon Two (18' x 12' (5.49m x 3.66m))

Slate flooring, double radiator, recessed lighting.

Kitchenette (7'1 x 4' (2.16m x 1.22m))

Fitted with wall and base mounted cupboards, work surfaces over, space for fridge.

Cloakroom

Low level wc, pedestal wash hand basin with mixer tap.

Outside

Access to the salon from the rear garden which is laid to lawn and gives access to storeroom, gate gives access to a side alleyway, this strip of land is outside the property title.

Store Room

Lower ground floor, glazed door, window. Store room comprises three rooms with potential.

Tenure

Freehold.

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