11 North Street, Eastbourne, East Sussex, BN21

£70,000

Size

323

Tenure

Leasehold

EPC

Ask agent

Parking

Ask agent

Primary use
High street retail
Frontage
Ask agent

No floor / site plan

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

Investment Consideration:
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.
Additional information
Service charge
Ask agent
Business rates
Ask agent
Use class
E
Listed building
Ask agent
Floors in building
1
Leasehold: 999 years left
Tenure
Leasehold
Length of lease
999 years left
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

Ask agent

Environmental data
BREEAM rating
Ask agent
Environmental description
Ask agent
Read more about energy considerations for commercial property

Brochure

11 North Street, Eastbourne, East Sussex, BN21

NEAREST STATIONS

National Rail

Eastbourne Station

0.36 miles

National Rail

Hampden Park Station

1.76 miles

National Rail

Pevensey & Westham Station

3.63 miles

About BLUE ALPINE PARTNERS LIMITED, London

BLUE ALPINE PARTNERS LIMITED, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

Your search history

You have no recent searches

Disclaimer - Property reference 11northstleasehold. 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 BLUE ALPINE PARTNERS LIMITED, London. 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.