11 North Street, Eastbourne, East Sussex, BN21
- SIZE AVAILABLE
323 sq ft
30 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: Class E
E
Key features
- Rental Income: £6,500 p.a.
- Gross Initial Yield: 9.29%
- Comprises ground floor shop t/a grocery store
- Situated in the heart of the town centre with occupiers nearby including Café, Hair Salon, Takeaway`s, Gallery and many more.
Description
Gross Initial Yield: 9.29%
Rental Income: £6,500 p.a.
VAT is NOT applicable to this property
Comprises ground floor shop t/a grocery store
Situated in the heart of the town centre with occupiers nearby including Café, Hair Salon, Takeaway`s, Gallery and many more.
Property Description:
The property comprises mid-terrace ground floor shop, providing the following accommodation and dimensions:
Ground Floor Shop: 30 sq m (323 sq ft)
Open plan retail, storage, wc
Tenancy:
The property is at present let to an Individual for a term of 3 years from 5th August 2024 at a current rent of £6,500 p.a. and the lease contains full repairing and insuring covenants. Tenant option to determine in August 2026 with minimum 6 months notice. Deposit held of £1,625.
Location:
Eastbourne is a large and popular resort town on the East Sussex coast, between Brighton and Hastings. The A27 provides east/west connections whilst the A22 links with the M25 (J6) to the north. Eastbourne Rail Station is 10 min walk from the property and provides regular services to London Victoria (1hr 31mins) & London Gatwick Airport. The property is situated in the heart of the town centre with occupiers nearby including Café, Hair Salon, Takeaway`s, Gallery and more.
Brochures
11 North Street, Eastbourne, East Sussex, BN21
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Eastbourne Station0.4 miles
- Hampden Park Station1.8 miles
- Pevensey & Westham Station3.6 miles
Notes
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