Retail/Shop For Sale, Eastbourne

A Mid-terrace, Unbroken Freehold Investment Comprising A Ground-floor Retail Unit With Basement, Together With Two Well-maintained Residential Flats Arranged Over The Upper Floors.

The Commercial Element Is Let To An Individual Tenant With A Third-party Guarantor On A 15-year Lease From March 2024, Producing A Passing Rent Of £16,200 Per Annum.

Flat 1 Is A Two-bedroom Unit, Currently Owner-occupied And To Be Sold With Vacant Possession. The Flat Has An Estimated Rental Value Of £1,150 Pcm (£13,800 Pa).

Flat 2 Is A Four-bedroom Maisonette Arranged Over The Top Two Floors And Is Let To Three Private Individuals At £1,400 Pcm (£16,800 Pa).

The Property Currently Generates A Total Passing Income Of £33,000 Per Annum, Excluding The Non-income-producing Owner-occupied Flat.

When Fully Let, The Property Offers A Potential Total Income Of Approximately £46,800 Per Annum, Equating To A Circa 8% Return.