Terminus Road, Eastbourne, East Sussex, BN21

GBP 700,000
For Sale

Property Details

Property Type

3,509 sq ft

Description

Property Details: • Type: 3,509 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Mixed-use investment property • Fully tenanted • Producing £50,600 annual rent • Recently refurbished • Excellent condition

Location: • Nearest Station: Eastbourne Station • Distance to Station: 0.4 miles

Agent Information: • Address: 43 - 45 Cornfield Road, Eastbourne, BN21 4QG

Full Description: An investment property in a prime location in Eastbourne town centre. It consists of tenanted commercial premises and three one-bedroom flats. The commercial rent is £20,000 per year and the combined rental income from the flats is £30,600 with scope to increase. The total rent is therefore £50,600.

Location The property is in an excellent position in Eastbourne. It is within 250 metres of the train station and the Beacon shopping centre and 50 metres of the seafront. Eastbourne is a growing, thriving town with a population of around 100,000. It is also a popular seaside holiday destination, with visitors enjoying many of its attractions and sights, including the Victorian Pier, Bandstand, beaches, The Waterfront Harbour complex and access to The South Downs. There are excellent rail and road links to London, Brighton and Hastings.

Location

Address

Terminus Road, Eastbourne, East Sussex, BN21

City

Eastbourne

Features and Finishes

Mixed-use investment property, Fully tenanted, Producing £50,600 annual rent, Recently refurbished, Excellent condition

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