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Offers in the region of £350,000

113-115 Seaside Road

Eastbourne, BN21 3PT

The Space

FREEHOLD COMMERCIAL SPACE - FOR SALE

At a glance

Property Type Other / Offices / Retail
Tenure For Sale
Size 5,570 sq ft
Price Offers in the region of £350,000
Energy Performance Rating This property has been graded as B

Eastbourne
10 mins


Hampden Park (Sussex)
39 mins


Pevensey and Westham
68 mins


Pevensey Bay
78 mins


Caterham
753 mins


Whyteleafe South
778 mins


Knockholt
782 mins


Upper Warlingham
785 mins


Key Points

  • FREEHOLD - £350,000
  • COMMERCIAL SPACES ARE SUITABLE FOR A VARIETY OF USES
  • CLOSE TO THE SEAFRONT
  • A SHORT WALK FROM EASTBOURNE RAILWAY STATION

Description

A prominent corner freehold building comprising a ground floor retail unit and a commercial unit at basement level, previously operated as a nightclub. The ground floor unit is fully let, while the basement is currently under offer. The freehold interest also includes 7 residential flats situated above, all of which have been sold on long leases. Of these, five leases have less than 80 years remaining.

Available area

The accommodation comprises the following areas:

Name sq ft sq m
Basement 2,708 251.58
Ground 2,862 265.89
Total 5,570 517.47

The Location

The property is situated on the corner of Seaside Road/ A259 and Queens Gardens, which runs south to Eastbourne Seafront. Eastbourne town centre and station are a short walk west with the pier and beach to the south. Nearby occupiers include The Royal Hippodrome Theatre, Tesco Express, Seafront Tandori in additional to an array of independent and national occupiers.

Terms

Offers are invited in the region of £350,000 for the freehold interest. The ground floor space is now let, producing and income of £17,500 p.a. and the basement space is under offer. Please enquire for further information.

AML

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Offers in the region of £350,000