113-115 Seaside Road, Eastbourne

A prominent corner freehold building comprising a ground floor retail unit and a commercial unit at basement level, previously operated as a nightclub. The ground floor unit is fully let, while the basement is currently under offer. The freehold interest also includes 7 residential flats situated above, all of which have been sold on long leases. Of these, five leases have less than 80 years remaining.

Location
The property is situated on the corner of Seaside Road/ A259 and Queens Gardens, which runs south to Eastbourne Seafront. Eastbourne town centre and station are a short walk west with the pier and beach to the south. Nearby occupiers include The Royal Hippodrome Theatre, Tesco Express, Seafront Tandori in additional to an array of independent and national occupiers.

Terms
Offers are invited in the region of £350,000 for the freehold interest. The ground floor space is now let, producing and income of £17,500 p.a. and the basement space is under offer. Please enquire for further information.

AML
In line with the relevant legislation, Anti-Money Laundering checks will need to be carried out on all relevant parties. We charge £30 +VAT for this service.

Available Area