157-161 Terminus Road and 1a,b,c Pevensey Road Eastbourne, East Sussex, BN21 3BB

Fully Let & Income Producing - 2 x Retail Units & 2 x 3 Bed Flats Above Let on AST’s

The premises comprise of a high profile prominent positioned fully let investment in the heart of Eastbourne Town Centre.  The Investment comprises two shops with two self contained flats above within the pedestrianised section of Terminus Road between the Beacon Shopping Precinct and the Seafront.  The Shops are self contained, both benefitting from access to a small rear courtyard.  Both Shops have basement areas. The Flats are accessed from  Pevensey Road via secure intercom to lobby and stairs leading to first floor landing area where each Flat has its own private entrance.  The Flats have modern kitchens and bathrooms, electric heating, sash windows and very generous sized rooms with tall ceilings.    Access to the purpose built Flats is via a communal passageway in Trinity Trees.  The Shop also benefits from rear access to the passageway.

Demographics

Eastbourne has a total estimated population of 200,000 persons (PROMIS) within its primary retail market area and a consumer base of 256,000 people. The area is projected to see above average population growth between 2024-2029. Eastbourne ranks 72 out of the 200 PROMIS centres by volume of total retail spend available and 42 for total retail expenditure per capita. The town has an above average proportion of adults represented in the most affluent AB-C1 social groups. Tourism is a significant driver for the local economy attracting an estimated 4.9 million tourists per year, with a total visitor spend of £287m (Visit Eastbourne).