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COMMERCIAL

Terminus Road, Eastbourne, East Sussex, BN21

£285,000
Sensible Property Management Limited, Eastbourne
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Freehold income producing unit
  • 15 year FRI lease from 01.01.2014
  • Annual rental income of £22,250
  • Trading from address since 1996
  • Prominent High Street location
  • Two bedroom flat above shop

Description

An excellent opportunity to acquire a freehold mixed-use property, in a prominent and busy trading position along Terminus Road, one of Eastbourne's principal retail thoroughfares.

The property comprises a well-proportioned ground and first floor retail unit trading as Barracloughs Opticians, originally established in 1957, opened later in Eastbourne since 1974 and then into these premises since 1996. There is a self-contained two-bedroom flat above with private entrance, which is we gather producing £950 pcm on an AST tenancy, the flat is included within the commercial lease and thus the commercial Tenant receives the benefit of.

Eastbourne is a popular seaside town on the South Coast, benefiting from strong tourism, a growing local economy, and excellent transport links. Terminus Road is a key retail destination, hosting a mix of national and independent occupiers, and is within close proximity to The Beacon Shopping Centre and Eastbourne railway station.

Strictly by appointment through the sole agents.

Terminus Road, Eastbourne, East Sussex, BN21

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Eastbourne Station0.3 miles
  • Hampden Park Station1.8 miles
  • Pevensey & Westham Station3.7 miles
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About Sensible Property Management Limited, Eastbourne

31 Hyde Gardens, Eastbourne, BN21 4PX

Sensible Property Management is a specialist dedicated property management company with considerable experience and expertise within the Eastbourne, Bexhill-on-Sea and St Leonards-on-Sea areas. We pride ourselves on being different in our approach to most of our competitors, being completely focused on property, whilst delivering our clients long-term value through a committed and dedicated personal service.

Notes

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