Freehold Mixed Use Investment

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

How it compares

History

• First listed on Cornerlot 15 Oct 2026.

Clive Emson's record

About the lot

Freehold mixed use lot in St. Leonards-on-Sea. Producing £33,283 a year, a 10.7% gross yield at the guide.

Lot 66, Mixed Commercial/Residential. A freehold mixed use investment comprising two ground floor commercial units, together with two separately accessed residential flats located above. The property is situated in a prominent position on Kings Road, St Leonards-on-Sea, within easy reach of local shops, amenities and the seafront. The freehold building is currently let at £33,282.64 per annum. Commercial Ground Floor: Shop floor with customer counter/till area, W.C and kitchenette to the rear. Basement: Basement room. Ground Floor: Shop Floor with customer counter/till area, W.C and kitchenette to the rear. Basement: Basement room. First Floor: Entrance Hall, living room overlooking Kings Road, kitchen, bathroom with bath and basin, separate W.C., bedroom with bay window and second bedroom. Top Floor: Living room overlooking Kings Road, kitchen overlooking Kings Road, bedroom with en-suite bathroom with shower and basin, two further bedrooms, bathroom with bath and basin and separate W.C. Auctioneer's Note: We have been informed by the vendor that the whole Freehold Title is let under the terms of an overriding Full Repair and Insuring lease for a 16-year term at £33,282.64 per annum from 3rd February 2011 and ending on 2nd February 2027. Further information will be available to download from the Clive Emson website. Occupied as Coral Racing Ltd. Occupied as Mister Heelys. EPC Rating D. Council Tax Band A. Council Tax Band A