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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
Business Rates £18,463 per annum The basement space sits below the threshold for small business rate relief & as such could qualify for 100% small business rate relief subject to status.
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
  • AVAILABLE WITH VACANT POSSESSION
  • 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 fully fitted restaurant at ground floor level and commercial space at basement level, previously used as a nightclub. Both commercial spaces are vacant and have rear access. The freehold also contains 7 flats above, all sold off by way of long leases with 5 having less than 70 years remaining on their terms.

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 with the benefit of vacant possession of the 2 commercial elements & the leases in place of the 7 flats above.

AML

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Offers in the region of £350,000