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Retail and Flat For Sale in Eastbourne, East Sussex, BN21

87-89 Seaside Road, Eastbourne, East Sussex, BN21 3PL
For sale
£575,000 Offers In Excess Of
bonsors-shw
This property is marketed by:
Bonsors / SHW

Retail, House and Flat, Investment For Sale OIEO £575,000

87-89 Seaside Road, Eastbourne, East Sussex, BN21 3PL


Mixed-Use Investment Property in Eastbourne Key Features 

  • Mixed use investment
  • Unbroken freehold comprising a ground-floor retail unit plus two residential flats arranged over the upper floors
  • Passing rent of £33,000 pa excluding non-income-producing owner-occupied flat
  • Potential total income of approximately £46,800 per annum, equating to a circa 8% return
  • Well maintained building with 40% contribution from the shop tenant
  • No VAT

87-89 Seaside Road Property Description

The property is currently self-managed by the Freeholder. The commercial shop contributes 40% towards total service charge expenditure and building insurance. 


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