198-200 Terminus Road, Eastbourne, BN21
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- Prominent Terminus Road location
- Total rental income £87,200 per annum
- Two retail units Cafe & Evapo
- Three 3 bed flats let on AST’s
Description
DESCRIPTION
The property comprises a prominent period building arranged over ground, first and second floors.
The ground floor retail unit is occupied by a cafe.
The first and second floors comprise four flats, a studio and one bed flat (both on the first floor) and a one bed flat (second floor) let on AST's, and the other flat is sold off long leasehold.
TERMS & PRICE
Terms and price on application.
VAT
We are advised that the property is not elected for VAT.
TENURE
Freehold subject to the following tenancies:
TENANCIES
198 Terminus Road Lease for a term of three years expiry 23rd May 2028. Passing rent £22,000 per annum exclusive.
200 Terminus Road let on a new lease from 24th May 2025 for a term of three years, expiry 23rd May 2028. Passing rent £22,000 per annum exclusive.
Flat 1 is let on an AST tenancy from April 2026 for twelve months at a current rent of £1,250 per calendar month.
Flat 2 is let on an AST tenancy from 4th August 2015 at a current rent of £1,100 per calendar month.
Flat 3 is let on an AST tenancy from 28th February 2025 at a current rent of £1,250 per calendar month.
BUSINESS RATES
198 Termimus Road Rateable Value £13,250 UBR 43.2 p (2026/27).
200 Terminus Road Rateable Value £16,500 UBR 43.2 p (2026/27).
COUNCIL TAX
Bands B and C
ENERGY PERFORMANCE CERTIFICATE
198 Terminus Road: Certificate No: 0160-0334-8579-5525-2002 , rated 168 G, valid until 1st June 2024.
200 Terminus Road: Certificate No: 9222-3012-0358-0500-7101, rated 106 E, valid until 3rd February 2025.
First Floor Flat 1: Certificate No: 8200-3912-2329-8427-9543, rated 39 E, valid until 1st June 2024.
Second Floor Flat 2: Certificate No: 0360-2183-1360-2094-0971, rated 61 D, valid until 16th June 2034.
Third Floor Flat 3: Certificate No: 8454-7925-2800-5321-3922, rated 30 F, valid until 1st June 2024.
Updated EPC’S can be produced on request. .
LEGAL COSTS
Each side will be responsible for their own legal costs.
MONEY LAUNDERING REGULATIONS
Under the Money Laundering Regulations 2017 (as amended) we are legally required to obtain proof of funds and identity.
198 - Ground Floor
Sq Ft: 376
Sq M: 34.9
198 - Basement
Sq Ft: 386
Sq M: 35.8
200 - Ground Floor
Sq Ft: 403
Sq M: 37
200 - Basement
Sq Ft: 419
Sq M: 39
First Floor Flat
Sq Ft: 710
Sq M: 66
Second Floor Flat
Sq Ft: 710
Sq M: 66
Third Floor Flat
Sq Ft: 710
Sq M: 66
198-200 Terminus Road, Eastbourne, BN21
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
Notes
Disclaimer - Property reference d70e6f5b-daed-49b2-adb8-5f24ed46e53d. 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 Charlecote, Brighton. 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.