A large, empty hotel lobby with polished floors and bright natural light coming through glass doors.

Commercial Investment Property with Development Potential

Under Offer
Price Reduced
Sold Subject To Contract
Sold
Let
Property Category:
Investment Property
Location:
Eastbourne
County:
East Sussex
Ref:
31155
ASKING PRICE
Freehold OIEO £300,000
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Summary.

1 Gildredge Road, Eastbourne

 

An investment property in a prime location in Eastbourne town centre.  It consists of a self-contained unit which is let to Ladbrokes producing an annual rent of £14,500.  The upper parts are vacant and have a separate entrance with potential for residential development (STPP).

 

• Tenanted shop plus vacant upper parts

• Rental income of £14,500

• Long-standing tenant

• Extensive upper parts with development potential