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The Stamp Duty for this property would be £0     (Show break down)

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Up to £250k (Percentage rate 0%)

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Please note: This calculation is for illustrative purposes only. Calculations applicable to transactions completing after 23/09/2022. The above calculator should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.

An A2 retail unit in the popular area of Silverhill St.Leonards. The property is situated opposite a very busy bus stop and offers good pedestrian footfall and awareness. The ground shop has successfully traded in this location for 42 years as a destination retail shop. Silverhill has a full range of shops and services as well as a large Asda food store. Rail services to all London stations and South Coast Resort Towns and Cities can be obtained at Warrior Square Station within a one mile distance. The award winning Alexander Park is within easy walking distance.

The property is brick built under a slate tile roof. It forms part of a three storey Victorian terrace offering mixed commercial and residential use. The lower floor is currently let on an assured shorthold tenancy producing income with a separate entrance to the rear. The Ground Floor and First Floor are currently vacant with scope for improvement and re design to offer accommodation to the first floor area subject to the necessary planning consents.

THE PROPERTY WITH APPROXIMATE ROOM DIMENSIONS IS ARRANGED AS FOLLOWS.

From pavement access is via un unmade road to the

LOWER GROUND FLOOR ( KNOWN AS 383A LONDON ROAD)

Current let on an Assured Southold Tenancy on periodic terms. The accommodation comprises of a entrance lobby, kitchen, shower/w.c. long and double bedroom. The flat also enjoys a small courtyard at the front. Currently producing a rental income of £4,500 per annum.

GROUND FLOOR

Door opens

Front Retail Area 4.41m x 3.86m. Sales window display area. Shop fittings as seen.

Rear Retail Area 3.48m x 2.71. Shop fittings as seen

Hallway 4.65m x 1.58m

WC

Office/Kitchenette 2.37m x 1.89. Window overlooking rear of property.

Door leads to

FIRST FLOOR AREA

Staircase with small half landing

Rear Store/Stock Room 3.51m x 2.96m. UPVC Window overlooking rear of property.

Front Store/Stock Room 4.57m x 3.71m. UPVC windows to front of property.

Price £210,000 Freehold
Subject to Contact
Viewings strictly by appointment

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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.