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UNDER OFFER

Gildredge Road, Eastbourne, East Sussex, BN21

Offers in Excess of
£300,000

£137.30 per sq ft

Business rates & charges may apply

GPS Business Sales, Eastbourne
SIZE AVAILABLE

2,185 sq ft

203 sq m

SECTOR

Commercial development for sale

USE CLASSUse class orders: A1 Shops, B1 Business and Class E

A1, B1, E

Floor/Site plan 1
1

Key features

  • Tenanted shop plus vacant upper parts
  • Rental income of £14,500
  • Long-standing tenant
  • Extensive upper parts with development potential

Description

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).

Location
The property is in an excellent position in Eastbourne town centre. It is within 50 metres of the train station and the Beacon shopping centre. Eastbourne is a growing, thriving town with a population of around 100,000. It is also a popular seaside holiday destination, with visitors enjoying many of its attractions and sights, including the Victorian Pier, Bandstand, beaches, The Waterfront Harbour complex and access to The South Downs. There are excellent rail and road links to London, Brighton and Hastings.

Premises
Ground Floor Commercial - With a total area of 80 sq m, the premises are currently occupied by Ladbrokes on an FRI commercial lease which is producing a rent of £14,500. The lease term runs to June 2025 and the tenant has requested a new lease.

Upper Parts - Vacant, with an entrance hall and external doors at both the front and rear of the property. There is a ground floor WC and access to a rear yard. Stairs leading to two storeys of commercial space currently configured as five offices. These areas are in need to repair / refurbishment with potential for change of use to residential - subject to planning permission.

Gildredge Road, Eastbourne, East Sussex, BN21

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Eastbourne Station0.0 miles
  • Hampden Park Station1.7 miles
  • Pevensey & Westham Station3.8 miles

About GPS Business Sales, Eastbourne

43 - 45 Cornfield Road, Eastbourne, BN21 4QG

GPS Business Sales is a group of specialist business transfer consultants, with experience in handling the confidential sale of all business types and commercial property.

Originally concentrating on the South of England, the group is expanding throughout the country, offering its core values of confidentiality, professionalism and quality service.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 31155. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by GPS Business Sales, Eastbourne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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