AUCTION PROPERTY
A freehold block of terraced properties, situated in the heart of St Leonards-on-Sea, within a short distance of local shops, cafes, amenities and St Leonards Warrior Square railway station providing services to London and Hastings. The seafront and local leisure facilities are also nearby.
The property comprises three ground-floor commercial units, currently occupied as a dog groomers, a retail shop, and a coffee shop/takeaway, with three flats above which are all let with tenants in situ. Currently the income is 51,100 per annum, however, from 1st July this will increase to 54,300 per annum.
Commercial55 Kings Road - Currently occupied as a dog groomersGround FloorRetail space, kitchenette and W.C.
First FloorLaundry Room.
Top FloorWashroom and access into top storage room
TenancyLet under the terms of a seven-year commercial lease from 1st July 2025 at a current rental of 6,500 per annum.
EPC RatingB (28). Total Floor Area 106 sq.m.
56 Kings Road - Currently occupied as a retail shopFirst FloorRetail shop floor, storeroom with kitchenette and W.C.
ExternalOutside space with access from the storeroom.
TenancyLet under the terms of a three-year commercial lease from 29th November 2022 at a current rental of 8,000 per annum.
EPC RatingTo be confirmed.
57 Kings Road - Currently occupied as a Coffee Shop/TakeawayAccommodationShop floor arranged as a coffee shop/takeaway.
ExternalStorage space with W.C and sink, located within the communal hallway of Flats 1 & 2, 56 Kings Road.
TenancyLet under the terms of a seven-year commercial lease from 14th May 2024 at a current rental of 6,600 per annum with a rent review on the third year.
EPC RatingD (87). Total Floor Area 17 sq.m.
Residential55A Kings RoadGround FloorHallway.
First FloorKitchen with access to outside space and W.C.
Second FloorTwo bedrooms, living room and bathroom with shower and basin.
ExternalOutside space with entry from the first-floor kitchen.
TenancyLet under the terms of an initial six month Assured Shorthold Tenancy Agreement from 25th January 2024 at a current rental of 750 per calendar month.
EPC Rating ECouncil Tax Band A56 Kings Road - Flat 1Ground FloorCommunal hallway.
First FloorHallway, three bedrooms, bathroom, living room and kitchen.
TenancyLet under the terms of an initial six month Assured Shorthold Tenancy Agreement from 27th August 2021 at a current rental of 800 per calendar month.
EPC Rating ECouncil Tax Band A56 Kings Road - Flat 2Ground Floor & First FloorCommunal hallway.
Second FloorBathroom.
Top FloorBedroom, living room and kitchen.
TenancyLet under the terms of an initial six month Assured Shorthold Tenancy Agreement from 7th November 2025 at a current rental of 850 per calendar month.
EPC Rating ECouncil Tax Band AAuctioneer's NoteFrom 1st May 2026 the tenancies referred to above will become rolling tenancies and referred to as Assured Periodic Tenancies.
Auctioneer's Note 2Please note the photos of the Shop 56 Kings Road were taken last year and are not up to date.
Residential EPC: E
Commercial EPC: B
Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day. Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/