Seaside Road, Eastbourne

£475,000

Guide price

*INVESTMENT* An excellent opportunity to acquire this freehold premises located in a popular town centre location. The building is comprised of five storeys offering a ground floor café with a beautiful rear garden, and a fully let four bedroom maisonette occupying the first, second and third floors

Seaside Road is very well known for its excellent location, between the Town Centre and Seafront. Eastbourne Train Station is within a short distance, less than one mile away and is located in the centre of the town. The road comprises a wide variety of independent shops, restaurants and is considered to have a great foot fall.

Accommodation:

The ground floor and lower ground floor area of the premises are currently let on a ten year lease to a café with a five year break clause. The café has been fully renovated and also has the rear garden which is the perfect area for alfresco dining.

The maisonette premises are currently fully let and has two bedrooms with en-suites, a further two bedrooms and two separate shower rooms, as well as a communal lounge and kitchen area for tenants. The premises can also be accessed via a staircase located at the rear of the building.

The annual income for the whole premises is approximately £36,312.00.

Council Tax

The council tax band for this property is B, with the annual amount

payable being £1,528.43.

Rates

The business rates for the premises are £8,600. However, we have been advised that the premises is exempt from business rates due to small business rate relief.

Energy Performance Certificate

The EPC has a rating of D|94.

Viewing

Strictly through Reid+Dean. No direct contact should be made with the vendor without a previous appointment being made.

NOTICE Reid+Dean have provided these particulars just for illustration and prospective buyers or tenants must instruct their own advisors to check all matters relating; physically to the property, its title, any planning consents & building regulations and outgoings. The particulars do not constitute an offer or form part of a contract. No fixtures or fittings are included in the transaction unless agreed in negotiations. No services or equipment have been tested. Reid+Dean offer no warranties in relation to the property.

Consumer Protection from Unfair Trading Regulations 2008.

The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

Arrange viewing 01323 301612

Reid & Dean

43-45 Cornfield Road, Eastbourne, East Sussex, BN21 4QG

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