Property photos
Auction
From
£80,000
Property for sale
Seaside, Eastbourne BN22Local area information
Property location
Nearby amenities
- Anderida Learning Centre (SEN) 0.2 miles
- Bourne Primary School 0.2 miles
- Eastbourne 0.7 miles
- Hampden Park (Sussex) 1.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Eastbourne to find out more about the local area.
Features and description
- A freehold property
- Ground floor retail unit let for a term of 3 years with an option to extend for another 7 years
- 2 flats above sold off on long lease
- Prominent corner plot
- Long standing tenant
- Investment let at £9,600 per annum (12% giy on guide price)
Strapline
Auction Sale - 02/07/2025
A freehold property arranged as a ground floor retail unit with 2 flats sold off on long lease.
Ground floor retail unit let to a long standing tenant.
Investment let at £9,600 per annum (12% giy on guide price).
Description
A freehold property arranged as a ground floor retail unit with 2 flats sold off on long lease.
Ground floor retail unit let to a long standing tenant t/a Eastbourne Technical Repairs for a term of 3 years with an option to extend for another 7 years.
Investment let at £9,600 per annum (12% giy on guide price).
Location
The property is located on Seaside, which is accessed from Cambridge Road and Firle Road. Other nearby tenants include Sainsbury's Local, Premier, Papa John's, Ladbrokes aswell as many other independent shops, restaurants and bars nearby.
Transport
Road links via A22 and A27.
Tenancy
Commercial Investment let to a private individual t/a Eastbourne Technical Repairs for a term of 3 years with an option to extend for another 7 years with a rental income of £9,600 per annum.
2 flats sold off on long lease
Flat 1 - 99-year lease from 24th June 1986 at a current ground rental of £75 per annum.
Flat 2 - 189-year lease from 24th June 1986 at a peppercorn ground rent.
Auction Sale - 02/07/2025
A freehold property arranged as a ground floor retail unit with 2 flats sold off on long lease.
Ground floor retail unit let to a long standing tenant.
Investment let at £9,600 per annum (12% giy on guide price).
Description
A freehold property arranged as a ground floor retail unit with 2 flats sold off on long lease.
Ground floor retail unit let to a long standing tenant t/a Eastbourne Technical Repairs for a term of 3 years with an option to extend for another 7 years.
Investment let at £9,600 per annum (12% giy on guide price).
Location
The property is located on Seaside, which is accessed from Cambridge Road and Firle Road. Other nearby tenants include Sainsbury's Local, Premier, Papa John's, Ladbrokes aswell as many other independent shops, restaurants and bars nearby.
Transport
Road links via A22 and A27.
Tenancy
Commercial Investment let to a private individual t/a Eastbourne Technical Repairs for a term of 3 years with an option to extend for another 7 years with a rental income of £9,600 per annum.
2 flats sold off on long lease
Flat 1 - 99-year lease from 24th June 1986 at a current ground rental of £75 per annum.
Flat 2 - 189-year lease from 24th June 1986 at a peppercorn ground rent.
More information
Listed by
Savills - National Auctions
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