Key Features

• Freehold income producing unit
• 15 year FRI lease from 01.01.2014
• Annual rental income of £22,250
• Trading from address since 1996
• Prominent High Street location

Summary

An excellent opportunity to acquire a freehold mixed-use property, in a prominent and busy trading position along Terminus Road, one of Eastbourne's principal retail thoroughfares.

The property comprises a well-proportioned ground and first floor retail unit trading as Barracloughs Opticians, originally established in 1957, opened later in Eastbourne since 1974 and then into these premises since 1996. There is a self-contained two-bedroom flat above with private entrance, which is we gather producing £950 pcm on an AST tenancy, the flat is included within the commercial lease and thus the commercial Tenant receives the benefit of.

Location

Eastbourne is a popular seaside town on the South Coast, benefiting from strong tourism, a growing local economy, and excellent transport links. Terminus Road is a key retail destination, hosting a mix of national and independent occupiers, and is within close proximity to The Beacon Shopping Centre and Eastbourne railway station.

Strictly by appointment through the sole agents.

Additional Information

For further information on this property please call 01424 722586 or e-mail staff@scott-estates.co.uk

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