• Freehold Investment Property East Sussex

    30948
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    Sold £425,000 
    Seaside Road Eastbourne East Sussex
    • • Freehold Investment
    • • Commercial lease in place
    • • Three flats
    • • Potential income of £35,800

    Description

    This is an excellent opportunity to acquire these freehold premises situated in a popular location in central Eastbourne – close to the main shopping area, seafront and mainline train station.  It is comprised of a commercial catering unit which is tenanted and produces an annual rent of £10,000 and three vacant 2-Bedroom flats above with separate entrances.  The total rental income is estimated to be approximately £35,800 with a rent review due in 2021 which could see an increase of £2,000.

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