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2 Bedroom Block of apartments Sold STC in St Leonards-on-Sea - Fixed Price £395,000
The Stamp Duty for this property would be £0 (Show break down)
Total SDLT due
Below is a breakdown of how the total amount of SDLT was calculated.
Up to £125k (Percentage rate 0%)
£ 0
Above £125k up to £250k (Percentage rate 2%)
£ 0
Above £250k and up to £925k (Percentage rate 5%)
£ 0
Above £925k and up to £1.5m (Percentage rate 10%)
£ 0
Above £1.5m (Percentage rate 12%)
£ 0
Up to £300k (Percentage rate 0%)
£ 0
Above £300k and up to £500k (Percentage rate 0%)
£ 0
Investment Property
Producing Income
Seafront Location
This five storey property is a prominent seafront property situated at the end of Victorian Terrace. The property is brick built under a tiled roof. Local independent shops, services coffee shops and restaurant are within easy walking distance within the colonnade of Marine Court. Seafront promenade and national cycle trail is opposite the property. St. Leonards shops and services are within a one mile distance along with mainline rail services to London, Ashford International and South Coast resort Towns and Cities.
Arranged as a cafe with basement area with entrance to the rear allowing access to basement flat with separate entrance (sold on long lease), communal door to communal hallway with ground floor and first floor flat currently tenanted on assured shorthold tenancies with the upper floors (sold on a long lease).
Seafront Cafe
Accessed from the front of the building, occupying ground and basement level and rented by established business. Currently let at £791.00 per calendar month on a lease.
Ground Floor Flat:
A spacious one bedroom flat with lounge, kitchen, bedroom with walk-wardrobe, bathroom and gas central heating, access to balcony area. Currently let at £775.00 per calendar month, on an Assured Short hold Tenancy.
First Floor Flat:
A two bedroom flat with lounge, kitchen, two double bedrooms, bathroom, separate W.C. and gas central heating. Currently let on an assured short hold tenancy at £895.00 per calendar month
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IMPORTANT NOTICE
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.
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