241-243 Seaside, Eastbourne, BN22 7NT
Property Summary
The building forms part of a terrace on the east side of Seaside. This two storey building consists of a ground floor retail unit, with office, store room and workshop to the rear, currently let at £14,000 per annum to Riggzy Complete Kitchen Solutions LTD . There are 2 flats on the first floor which have the benefit of their own entrances to the rear. All residential elements are sold off on long leases.
First Floor Flat, 241 Seaside - current rent £100 pa doubling every 33 years.
First Floor Flat, 243 Seaside - current rent £150 pa rising every 30 years
£300.00/£500.00/£750.00
lot type
Commercial Investments
situation
The property is located on Seaside, the immediate vicinity is characterised by a mix of residential, retail and restaurants. Eastbourne seafront and town centre is less than a mile away.
accommodation
Retail space
Office
Storeroom
Workshop
WC
Total Floor Area - 132 sq.m.
First Floor Flat, 241 Seaside - 99 year lease from 29th September 1988 - 63 years remaining.
First Floor Flat, 243 Seaside - 125 year lease from 5th April 2002 - 103 years remaining.
private treaty - sale status
SOLD BY AUCTION 2023
type
SOLD BY AUCTION 2023
Freehold Commercial Investment - Producing £14,210 Per Annum
description
The building forms part of a terrace on the east side of Seaside. This two storey building consists of a ground floor retail unit, with office, store room and workshop to the rear, currently let at £14,000 per annum to Riggzy Complete Kitchen Solutions LTD . There are 2 flats on the first floor which have the benefit of their own entrances to the rear. All residential elements are sold off on long leases.
First Floor Flat, 241 Seaside - current rent £100 pa doubling every 33 years.
First Floor Flat, 243 Seaside - current rent £150 pa rising every 30 years
£300.00/£500.00/£750.00