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198-200 Terminus Rd 3,714 sq ft 100% Let Retail Property Eastbourne BN21 3BB £1,200,000 (£323.10/sq ft)
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.
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
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
3,714 sq ft
Costar Property Class
B
Year Built
1950
Price
£1,200,000
Price per sq ft
£323.10
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
5
Plot ratio
0.28
Total Plot Size
0.30 ac
Frontage
95 ft on Terminus Road
AMENITIES
- Corner Lot
- Security System
- Signage
- Storage Space
- Smoke Detector
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NEARBY MAJOR RETAILERS
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198-200 Terminus Rd
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