Seaside Road, Eastbourne - Portfolio of Properties

£3,500,000
For Sale

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

  • A rare opportunity to acquire 6 retail/residential properties in the town centre of Eastbourne. The properties provide 8 shop units and 19 flats.
  • Fully let with a high level of tenant retention.
  • The portfolio is currently generating an income of £217,470 per annum which we consider to be reversionary.
  • Asset management opportunities to enhance the rent and add value.
  • Freehold
  • OIRO £3,500,000 (Three million five hundred thousand) subject to contract

Tenancy Schedule available on request.

Access to a Data Site containing relevant documentation is available on request.

Individual Properties

For Sale

Seaside Road, Eastbourne - Portfolio of Properties, BN21 3PP

Price £3,500,000

For Sale

19-21 Seaside Road, Eastbourne

For Sale

27-29-31 Seaside Road, Eastbourne

For Sale

30-32 Seaside Roadtbourne

For Sale

33/33 A/B Seaside Road, Eastbourne

For Sale

37 Seaside Road, Eastbourne

For Sale

55-61 Seaside Road, Eastbourne

Location

Seaside Road, Eastbourne - Portfolio of Properties

These premises are situated in Seaside Road being just off the main shopping area of Terminus Road which in turn leads to the Beacon Shopping Centre. Eastbourne is a major coastal town and is approximately 20 miles east of Brighton and 70 miles south of London. Eastbourne is serviced with regular rail networks to London Victoria, Ashford International, Brighton and Hastings and the road connections are the A27 Brighton, A259 coast road and A22 London Road.

VAT Details

VAT will not be charged on the terms quoted.

Terms

Offers are sought in the region of £3,500,000 (Three million five hundred thousand pounds) representing a net yield of 5.87% assuming purchaser costs of 5.75%.

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