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11-13 Devonshire Rd 11,515 sq ft 62% Let Retail Property Bexhill On Sea TN40 1AH £730,000 (£63.40/sq ft)
INVESTMENT HIGHLIGHTS
- Bexhill-on-Sea is an established seaside town located on the East Sussex coast, situated approximately 6 miles west of Hastings
- The property comprises a former banking hall built c.1900, arranged on basement, ground, first, second and third floors
- The town has a well-balanced retail offering, comprising a strong mix of long-established independent traders alongside a range of national multiples
- The property benefits from extensive frontages to both Devonshire Road and St Leonards Road.
EXECUTIVE SUMMARY
Offers are invited on an unconditional basis – with offers in the region of £730,000.
Freehold
Prominent former banking hall. 1st, 2nd & 3rd floor offices – suitable for PD conversion to residential (STP). The property is in the Bexhill Town Centre conservation area, but not listed
Freehold
Prominent former banking hall. 1st, 2nd & 3rd floor offices – suitable for PD conversion to residential (STP). The property is in the Bexhill Town Centre conservation area, but not listed
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Property Size
11,515 sq ft
Costar Property Class
B
Year Built
1900
Price
£730,000
Price per sq ft
£63.40
Occupancy Rate
62%
Tenancy
Multiple
Number of Floors
5
Plot ratio
2.26
Total Plot Size
0.12 ac
AMENITIES
- Storage Space
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- POSITION
- AVAILABLE
The ground and basement floors are available by way of a new, effectively full repairing and insuring lease at a commencing rent of £52,500 per annum
| Space | Size | Space Use | Position | Available |
| Ground | 3,107 sq ft | Retail | - | Now |
Ground
| Size |
| 3,107 sq ft |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Ground
| Size | 3,107 sq ft |
| Space Use | Retail |
| Position | - |
| Available | Now |
The ground and basement floors are available by way of a new, effectively full repairing and insuring lease at a commencing rent of £52,500 per annum
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NEARBY MAJOR RETAILERS
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11-13 Devonshire Rd
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