Hargreaves Road, Eastbourne, BN23 6QN
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Wednesday 16 September
- A freehold trade counter Investment and associated yard situated on a site of an approx. 0.47 of an acre
- Let on a 10 year FR&I lease from 2021 (Reversion 2031)
- The shed amounts to an approx. 5,616 sq ft
- Gated yard at the front of the property amounting to an approx. 13,465 sq ft
- Outstanding rent review from June 2026
- Potential for rental uplift by implementing the rent review (subject to negotiation)
- Tenant break option on June 2026 - NOT EXERCISED
- 6 week completion available
- Investment let at £50,750 p.a. (6.76% GIY on guide price)
Description
StrapLine
Auction Sale - 15/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteA freehold industrial trade counter investment. The unit amounts to an approx. 5,616 sq ft with an associated yard of an approx. 13,465 sq ft. The entire property sits on an approx. 0.47 acre site and is let on a 10 year lease from 2021 to SIG plc.
Investment let at £50,750 p.a.
Description
Please click here for the legal pack
A freehold trade counter investment comprising a detached warehouse/trade counter unit extending to approximately 5,616 sq ft together with a secure gated yard of an approx. 13,465 sq ft.
The entire site is situated on an approx. 0.47 acre site.
The investment offers asset management potential to improve the rent by implementing the outstanding rent review from June 2026.
Location
Located within the established Hampden Park industrial area of Eastbourne, the property occupies a well-known trade counter and warehouse location amongst a range of commercial and industrial occupiers, with convenient access to the town centre and the wider South Coast road network.
Transport
The property benefits from good road connectivity via the A22 and A27, providing links to Brighton, Lewes and the national motorway network. Hampden Park railway station is located approximately 1.2 miles to the west, providing regular services to Eastbourne, Brighton, Lewes and London Victoria.
Tenancy
Hargreaves Road
- Let to SIG Trading Limited
- Let on a 10 year FR&I lease from 2021
- Renewal lease granted from 2003
- Break option in June 2026 - NOT EXERCISED
- Outstanding rent review from June 2026 - Upwards Only
- Investment let at £50,750 p,a.
Accommodation
Please refer to the floor plan
Warehouse an approx. 5,616 sq ft
Yard an approx. 13,465 sq ft
Total site an approx. 0.47 acres
Hargreaves Road, Eastbourne, BN23 6QN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hampden Park Station0.5 miles
- Eastbourne Station2.0 miles
- Pevensey & Westham Station2.1 miles
Notes
Disclaimer - Property reference 242-24105. 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 Savills Auctions, 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”