Property for sale in Susans Road, Eastbourne BN21

£120,000
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Property for sale - 2 bedrooms

2 2 4

Tenure:
Freehold
Council tax band:
A

Utilities and more details

Property features

  • Auction Date Of 25th Of September 2024
  • Freehold Building For Sale
  • Fantastic Investment/Development Potential
  • Diverse Income Streams
  • Versatile Spaces
  • Prime Location

Property description

For sale by auction on 25th Of September 2024

We are delighted to offer an exceptional freehold investment opportunity comprising two commercial premises and two residential flats, ideally located in a thriving and sought-after area.

Residential Flats:
Flat 1: Vacant and ready for immediate occupation, sale or refurbishment. This spacious flat is perfect for owner-occupiers or investors seeking to generate rental income or development opportunity.
Flat 2: Sold with 63 years remaining on the lease. This provides a superb future potential for lease extension negotiations or other investment strategies as well as ground rent return.

Commercial Premises:
Unit 1: Currently vacant, this versatile space offers the perfect blank canvas for a new business venture or an expansion of an existing enterprise. Ideal for a variety of uses, including retail, office space, or a café/restaurant
Unit 2: Currently occupied with established business tenant paying ground rent.

Don’t miss out on this rare opportunity to acquire a freehold property with multiple income streams and significant upside potential. The building contains one commercial unit and one flat already generating rental income. Opportunity to lease the vacant units, potentially increasing rental income lease extension premium and overall property value.

The strategic location and diverse property mix make this an attractive investment with significant potential for capital appreciation.

Property info

First Floor Flat Floor Plan View original

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For more information about this property, please contact
Lextons Auctions, BN3 on +44 1273 767314 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Lextons Auctions, and do not constitute property particulars. Please contact Lextons Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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