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Overview
Description
Location
Striking corner building set over four floors built in 1899 with brick construction faced elevations with decorative mouldings.
Arranged as basement storage, ground floor retail, first floor offices, and two 2-bedroom flats on the second floor.
The basement, ground, and first floors are all let to Dignity Funerals Ltd.
The second floor is divided into two 2-bedroom flats, both let on AST's.
All interested parties are requested to submit their offers by 12:00 noon on Wednesday 30th July 2025.
Summary
Key points
- Mixed use freehold investment and residential development opportunity
- Offers in excess of £795,000 (no VAT)
- Rents reserved £71,340 PAX reflecting 8.51% net yield
- Commercial tenant entity has shareholders funds of £192,000,000 and were incorporated in 1894
- Two large 2 bedroom flats recently refurbished
- Busy and sought-after retailing area in the 'Little Chelsea' district
- Striking corner building set over four floors built in 1899 with over 7,323 sq ft of accommodation
- Virtual tours available
- Further information accessible in the Data Room
- All interested parties are requested to submit their offers by 12:00 noon on Wednesday 30th July 2025.
Contact
SHW
Tel: 01323 437 901
Max Perkins
mperkins@shw.co.uk
SHW
Tel: 01273 876 216
Martin Clark
mclark@shw.co.uk
EPC
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43 South Street, Eastbourne, BN21 4UT
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