Investment Properties for sale in Eastbourne

View the "Freehold Investment - 215-217 Terminus Road, Eastbourne" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (March 2017)
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Freehold Price: £650,000
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Business Description
The Freehold property comprises 3 flats (let on a 6 monthly AST basis) and ground floor commercial premises:

Flat 1 – 1 bedroom (first floor) – rent £550 pcm;
Flat 2 – 1 bedroom (second floor) – rent £600 pcm;
Flat 3 – 2 bedroom (third floor) – rent £700 pcm.

The residential income totals £22,200 pa.

Commercial Premises - The ground floor is subject to a 15 year commercial lease from May 2014 at a rent of £20,000 per annum with a 5-yearly rent review. The lease includes a 2 year tenant only break clause.
Tenure: Freehold

Location Details:
Just off Eastbourne seafront; Terminus Road close to tourist attractions; Walking distance to train station, shopping centre.

Listed by: GPS Direct.com
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