55 Susans Road, Eastbourne BN21 3TG

£60,000
Under Offer

Area Eastbourne

If you prefer to speak to someone:

Call us on: 01323 700100 or 01424 404004

Call us on: 01323 700100 or 01424 404004

Overview

The property comprises of an end of terrace and comprises of a small shop unit with 3 flats above which have been sold off on long leases.

Location

55 Susans Road, Eastbourne BN21 3TG

The premises are situated in Susans Road, being a secondary shopping area close to the rear entrance of The Beacon Shopping Centre and within easy walking distance of Terminus Road and the mainline railway station.

VAT Details

VAT will not be charged on the terms quoted.

Terms

Offers are invited in the region of £60,000 for the freehold interest with the benefit of the shop lease and the 3 long leaseholds.

The shop is let to a Mr B Kharbouche, who runs a mobile security outlet and currently has a 5 year lease from 1st February 2019, with the current passing rent being £4,420 per annum subject to a rent review which was due in February 2022. This remains outstanding.

The property comprises of 3 long leasehold flats:
Flat 1: Lease has recently been extended for a further 99 years (details to follow).
Flat 2: 99 years from 25th December 1987.
Flat 3: 99 years from 25th December 1987.

There is a combined ground rent of £150 per annum.

Get in touch

Speak to our commercial property team

Eastbourne: 01323 700100 • Hastings: 01424 404004 • Hove: 01273 634000

Eastbourne: 01323 700100
Hastings: 01424 404004
Hove: 01273 634000