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198-200 Terminus Rd Apartment Building £1,200,000 Eastbourne BN21 3BB

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INVESTMENT HIGHLIGHTS

  • Prominent Terminus Road location
  • Total (estimated) rental income £79,500 per annum
  • Two retail units let to Evapo and Brew & Bread
  • Three flats let on AST’s

EXECUTIVE SUMMARY

Eastbourne is located 22 miles (35 km) east of Brighton, 33 miles south-east of Gatwick Airport & Crawley, 12 miles ( km) west of Hastings and 24 miles (km) south of Tunbridge Wells. Eastbourne has a resident population of 103,745.
198-200 Terminus Road is situated on the western side of Terminus Road at the junction with Trinity Street in the established retail area of the town. Nearby occupiers include British Heart Foundation, Best One, WRAS, Moshulu, Oxfam.
The property comprises a prominent four storey corner building. The two ground floor retail units are occupied by Evapo and Bread & Brew. The first, second and third floors comprise three flats, all three beds, let on AST's.

PROPERTY FACTS

Price £1,200,000
Sale Type Investment
Tenure Freehold
Property Type Build-to-Rent
Property Subtype Apartment
Costar Property Class B
Total Plot Size 0.30 ac
Property Size 3,714 sq ft
No. Floors 5
Year Built 1950
  • Listing ID: 29676408

  • Date on Market: 02/10/2023

  • Last Updated:

  • Address: 198-200 Terminus Rd, Eastbourne BN21 3BB

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