Under Offer
Offers in the Region of
£785,000
43 South Street, Eastbourne, East Sussex, BN21 4UT
Key features
- Mixed use freehold investment and residential development opportunity
- Offers in excess of ï½£785,000 (no VAT)
- Rents reserved ï½£70,440 PAX reflecting 8.51% net yield
- Commercial tenant entity has shareholders funds of ï½£192,000,000 and were incorporated in 1894
- Two large 2 bedroom flats recently refurbished
- Busy and sought-after retailing area in the 'Little Chelsea' district
- Striking corner building set over four floors built in 1899 with over 7,323 sq ft of accommodation
- Virtual tours available
- Further information accessible in the Data Room
Description
Striking corner building set over four floors built in 1899 with brick construction faced elevations with decorative mouldings.
Arranged as basement storage, ground floor retail, first floor offices, and two 2-bedroom flats on the second floor.
The basement, ground, and first floors are all let to Dignity Funerals Ltd.
The second floor is divided into two 2-bedroom flats, both let on AST's.
Arranged as basement storage, ground floor retail, first floor offices, and two 2-bedroom flats on the second floor.
The basement, ground, and first floors are all let to Dignity Funerals Ltd.
The second floor is divided into two 2-bedroom flats, both let on AST's.
Reference: 34889_sales
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