Other Commercial Property for sale in Bexhill-on-Sea

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Commercial Properties - Investment Properties

Bexhill-on-Sea, East Sussex, England

  • Freehold Price: £1,500,000
Seller Reference: 7469
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Business Description
 
 
 
 
 
 
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Seller Reference: 7469
Request Details
Business Description
I am selling my entire freehold situated in a prime seafront location & opposite a nationally renowned land mark theatre complex

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- The entire freehold is available to include 1*g/f cafe/restaurant presently let on a full repairing lease at an annual rental of £30000p/a ( ground floor area 250m2 )
2* Two bedroom flats (floor areas 70m2 each flat) presently let on AST of £650 & £675 PCM total of £1325 PCM
1* Tree bedroom flat (floor area 95m2 ) presently let on AST of £695 PCM
TOTAL annual rent receivable presently £54240.00

The property itself was built by Lord De La Warr in 1899 and has had no expense spared when it comes to the upkeep and maintenance of its condition. The sale includes all fixtures and fittings

The cafe / restaurant' ice cream parlor are fully equipped with all the necessary and up to date equipment All 3 flats are in excellent condition The property is presently on 3 floors but could easily be expanded to incorporate upper floor dwellings subject to necessary P/P
A rare opportunity to acquire a substantial freehold in a stunning prime position with a variety of potential uses & development potentials

Prime seafront location opposite nationally recognised theatre in major south cost town
Tenure:
Freehold
Listed by:
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