Investment Properties for sale in Eastbourne

View the "Freehold Investment - 48 Grove Road, Eastbourne" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 Advertising my business on Daltons was a great success. I found a buyer relatively quickly. 

Ahmed Zahir (August 2016)
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Freehold Price: £190,000 Price Reduced Sale Agreed
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Business Description
For Sale by auction on 18 May 2017.

Guide Auction Price: £190,000/£200,000 (plus fees)

A 5 storey building containing a commercial unit on the ground floor/basement and 4 self-contained flats above.

The commercial unit is let out on a 15 year fully repairing and insuring commercial lease commencing 31 August 2016 at a rent of £17,000 per annum.

There are 4 flats in total which are all sold on 99 year leases commencing 25 March 1988 and produce £200 per annum in ground rent.
Tenure: Freehold

Location Details:
The building is located in Grove Road in Eastbourne’s prestigious ‘Little Chelsea’ district.

Listed by: GPS
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