The property comprises of an end of terrace shop and flat, both of which are rented and producing a good income. The ground floor shop is currently trading as a letting agency comprising of a main office/retail area, kitchen and WC, and another office to the rear leading to a small garden area. The self-contained flat has separate access and comprises of lounge, kitchen, two bedrooms and separate shower and WC.
Accommodation
| Area | Dimensions |
| Shop: | |
| Main office/retail area | 344 sq ft |
| Kitchen | 132 sq ft |
| Separate WC | |
| Rear office | 82 sq ft |
| Flat: | |
| Lounge | 12/ 8" x 11' 9" |
| Kitchen | 7' 11" x 10' 10" |
| Bedroom 1 | 8' 1" x 13' 2" |
| Bedroom 2 | 9' 11" x 9' 3" |
| Separate shower & WC |
Income Producing Investment Property Comprising of an End of Terrace Shop and Flat, Situated in the Busy and Prosperous High Street of Meads
The property is situated in the busy and prosperous high street of Meads, where there are a number of niche retailers. Meads is an affluent part of Eastbourne and the town centre is within a 5 minute drive, with its many facilities and its mainline railway station.
The shop is let on a 5 year effective full repairing and insuring lease from 31st July 2023 with a tenant’s break clause at Year 3 at an annual rental of £13,000 per annum, with 3 months’ rent deposit (£3,250).
The flat is let on an AST from December 2023 at a rental of £12,240 per annum.
Total income £25,240 per annum.
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