This is how much a Hastings shop and flats sold for at auction

A four-storey property comprising a ground floor shop with three self-contained flats in Hastings has been sold at auction.

Number 5 Claremont, Hastings, was listed by Clive Emson Land and Property Auctioneers auction.

Offered with a £420,000-plus freehold guide price, the property sold prior to the auction.

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Auction appraiser Chris Milne said: “It came as no surprise that this mixed commercial and residential investment close to local and national retailers, the railway station, amenities and the seafront should be snapped up quickly.

5 Claremont, Hastings, was listed among 112 lots in the latest auction. Offered with a £420,000-plus freehold guide price, the property sold prior to the auction which ended on May 5.

“Currently let at £25,980 per annum, we considered this property ideal for continued investment and that it would make an excellent addition to any mixed use portfolio – and our purchaser certainly agreed.”

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