198-200 Terminus Rd 3,714 SF 100% Leased Retail Building Eastbourne BN21 3BB £1,000,000 (£269.25/SF)

INVESTMENT HIGHLIGHTS

  • High footfall
  • Eastbourne rail station only 10 minutes away
  • Prominent location

EXECUTIVE SUMMARY

£1,200,000 for the freehold.
198 Terminus Road:
Lease dated 9th August 2022 for a term of 3 years expiring 23rd May
2025. Passing rent £20,000 per annum exclusive.
200 Terminus Road:
Lease dated March 2022 for a term of 7 years. Passing rent £20,000
per annum exclusive.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,714 SF
Building Class
B
Year Built
1950
Price
£1,000,000
Price Per SF
£269.25
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Building FAR
2.13
Lot Size
0.04 AC
Frontage
48 ft on B2106

AMENITIES

  • Security System
  • Storage Space

NEARBY MAJOR RETAILERS

Caffe Nero
Coffee Republic
Costa Coffee
Anytime Fitness
Starbucks
Iceland
Sainsbury's
Santander
National Westminster Bank Plc
Lloyds Bank
  • Listing ID: 29676408

  • Date on Market: 02/10/2023

  • Last Updated:

  • Address: 198-200 Terminus Rd, Eastbourne BN21 3BB