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198-200 Terminus Rd 3,714 SF 100% Leased Retail Building Eastbourne BN21 3BB $2,231,895 CAD ($600.94 CAD/SF)
INVESTMENT HIGHLIGHTS
- Prominent Terminus Road location
- Total (estimated) rental income £79,500 per annum
- Two retail units let to Evapo and Brew & Bread
- Three flats let on AST’s
EXECUTIVE SUMMARY
Eastbourne is located 22 miles (35 km) east of Brighton, 33 miles south-east of Gatwick Airport & Crawley, 12 miles ( km) west of Hastings and 24 miles (km) south of Tunbridge Wells. Eastbourne has a resident population of 103,745.
198-200 Terminus Road is situated on the western side of Terminus Road at the junction with Trinity Street in the established retail area of the town. Nearby occupiers include British Heart Foundation, Best One, WRAS, Moshulu, Oxfam.
The property comprises a prominent four storey corner building. The two ground floor retail units are occupied by Evapo and Bread & Brew. The first, second and third floors comprise three flats, all three beds, let on AST's.
198-200 Terminus Road is situated on the western side of Terminus Road at the junction with Trinity Street in the established retail area of the town. Nearby occupiers include British Heart Foundation, Best One, WRAS, Moshulu, Oxfam.
The property comprises a prominent four storey corner building. The two ground floor retail units are occupied by Evapo and Bread & Brew. The first, second and third floors comprise three flats, all three beds, let on AST's.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,714 SF
Building Class
B
Year Built
1950
Price
$2,231,895 CAD
Price Per SF
$600.94 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Building FAR
0.28
Lot Size
0.30 AC
Frontage
95’ on Terminus Road
AMENITIES
- Corner Lot
- Security System
- Signage
- Storage Space
- Smoke Detector
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NEARBY MAJOR RETAILERS
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198-200 Terminus Rd
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