Investment to Buy
Station Road, Hastings, TN34
The property comprises an attractive unit over ground, first and second floor.
The property is currently let to Caffé Nero on a lease expiring 8th May 2021. Under the CVA the property is CAT B3 providing a turnover rent of 12%. The annual rental income is estimated at £37,000.
Location The historic market town of Hastings is located in the South of England with a resident population of 93,000 people. The town centre is busy and its seaside location attracts tourists, further boosting the retail spend within the town. The subject property is located on the southern end of Station Road, a busy thoroughfare through the town and has views of Hastings Beach. Notable retailers nearby include Costa Coffee, Subway, NatWest and The Body Shop