7-8 Collington Mansions, Collington Avenue, Bexhill, East Sussex, TN39 3PU

£420,000
Under Offer

Area Bexhill

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 premises form part of a neighbourhood parade of shops offering a variety of trading businesses that include Boots pharmacy, hair salon, mobility retailer and Tesco Express. The immediate area is made up of predominately affluent residential with Hastings Direct 50,000 sq ft headquarters office building within 5-minute walking distance. To the east is Bexhill's main industrial estate with a varied mix of businesses.
The property comprises a 4 storey mixed used terrace with commercial ground floor and basement benefitting from a triple fronted corner positioned self-contained retail premises with rear stores and side external small yard accessed from Colebrooke Road. The upper parts comprise self-contained flats with private access sold off on long leaseholds.
At present, the investment produces a total rental income of £27,650 per annum.

Location

7-8 Collington Mansions, Collington Avenue, Bexhill, East Sussex, TN39 3PU

Collington Mansions is located on the northern side of Collington Avenue at its junction with Colebrooke Road and opposite the junction with Terminus Avenue on the B2098 within ¼ mile of Bexhill Town Centre.
The town is vibrant with a population in excess of 44,000 with a catchment of over 250,000 within a 20 minute drive. Bexhill is well serviced by both rail and road networks with direct trains to London Bridge and Victoria stations.

VAT Details

VAT may be chargeable on the terms quoted

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