Overview
Description
The Building is of brick construction with part flat and part tiled pitched roof. The Premises comprise a prominent corner positioned end terrace four storey former Public House with basement storage, and 2 floors of upper parts providing substantial residential accommodation including, Kitchen, Bathroom, Lounge and 5 Bedrooms. Access to the upper parts is served by two separate staircases with both external and internal access. The ground floor consists of bar, front and rear lounges, male and female WCs and door to small rear outside courtyard seating area. There is an internal hatch access to Basement Storage/Cellar. The Property has all mains services including Gas and benefits from many traditional features including sash wooden windows, classic lead lined windows to ground floor.
Opportunity
This substantial building is in need of a complete refurb and so will be of appeal to owner occupiers wishing to regenerate this classic building, as well as Developers seeking to convert the building to alternative uses such as commercial ground floor and 2 flats above, subject to Planning.
Size
Amenities
Location
The Premises are located within the prime High Street of Hastings Old Town at the junction with Roebuck Street. It is within close proximity of car parks, the seafront and Alexandra Park. The Town Centre, Priory Meadow Shopping Centre and Mainline Railway Station are all within a few hundred yards of the property.
Rent
Business Rates
According to the Valuation Office website the premises are described as:
Public House and Premises
Rateable Value: £10,750
100% small business relief available, subject to the status of the tenant. It is advised that you contact the Local Rating Authority for confirmation of the actual amount payable.
VAT Details
VAT to be confirmed
Legal
Each party is to be responsible for their own legal fees
Terms
Guide price of £350,000
Please note, the Pub is Grade II Listed and within a Conservation Area.
The Residential Upper Parts have a Council Tax Band of ‘B’