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20 Susans Rd
513 SF Retail Unit Offered at £175,000 in Eastbourne BN21 3HA
Investment Highlights
- Situated on the A259 within close reach of Eastbourne Pier
- Well located amongst other retailers
- Eastbourne Station nearest station to the property
Executive Summary
The subject property is located close to Eastbourne Pier and is easily reachable with Eastbourne Station close by and good transport links close by.
Property Facts
| Price | £175,000 | Sale Type | Investment |
| Unit Size | 513 SF | Building Class | C |
| No. Units | 1 | Number of Floors | 1 |
| Total Building Size | 513 SF | Typical Floor Size | 513 SF |
| Property Type | Retail (Unit) | Year Built | 1970 |
| Property Subtype | Storefront Retail/Residential | Lot Size | 0.02 AC |
| Price | £175,000 |
| Unit Size | 513 SF |
| No. Units | 1 |
| Total Building Size | 513 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | C |
| Number of Floors | 1 |
| Typical Floor Size | 513 SF |
| Year Built | 1970 |
| Lot Size | 0.02 AC |
1 Unit Available
Unit 20
| Unit Size | 513 SF | Sale Type | Investment |
| Price | £175,000 | Tenure | Freehold |
| Price Per SF | £341.13 | Net Initial Yield | 8.64% |
| Unit Use | Retail | NOI | £15,120 |
| Unit Size | 513 SF |
| Price | £175,000 |
| Price Per SF | £341.13 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 8.64% |
| NOI | £15,120 |
Description
End of terrace freehold block comprising 3 floors of two residential flats and
one commercial shop.
The commercial shop is let to two individuals on a 15 year lease dated April
2023 at a passing rent of £15,120 per annum, rising to £16,320 per annum in
April 2025.
The two flats on the upper floors are sold on long leaseholds.
Sale Notes
End of terrace freehold retail investment for sale £175,000.
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Nearby Major Retailers
Presented by
20 Susans Rd
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