Overview
Mixed Commercial & Residential Investment – Town Centre Location comprising of Warehouse, 1 x 2 Bed Flats and 1 x 1 Bed Flat + 6 Lock Up Garages
The premises itself comprise of a Warehouse, 1 x 2 Bed Flat, 1 x 1 Bed Flat and 6 Lock Up Garages. The Accommodation sizes are as follows:
Further Information
Flat 1 - the Tenant in Flat 1 has been in occupation since May 2013 and therefore have been long-term Tenants. The Flat is in need of some refurbishment.
Flat 2 – the Tenancy commenced on 3rd June 2021 and Flat was renovated in 2010.
Garages – these are presently all tenanted. One Garage will be available upon completion, as the owners currently occupy Garage 4, which they will be vacating.
Size
Amenities
Location
The premises are situated in the heart of Eastbourne Town Centre with Lushington Lane adjoining Gildredge Road leading to Eastbourne Mainline Railway Station and the Beacon Shopping Centre. Lushington Lane has a number of both Residential and Commercial Premises within the vicinity.
Rent
Business Rates
VAT Details
VAT is not applicable to the Rental or the Sale Price
Legal
Each party is to be responsible for their own Legal Fees
Terms
Offers are invited in the region of £520,000 for the freehold interest with the benefit of the Leases and income.
Tenancies
