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20 Susans Rd

513 SF Retail Condo Unit Offered at $313,635 CAD in Eastbourne BN21 3HA

Investment Highlights

  • Situated on the A259 within close reach of Eastbourne Pier
  • Well located amongst other retailers
  • Eastbourne Station nearest station to the property

Executive Summary

The subject property is located close to Eastbourne Pier and is easily reachable with Eastbourne Station close by and good transport links close by.

Property Facts

Price $313,635 CAD
Unit Size 513 SF
No. Units 1
Total Building Size 513 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Residential
Sale Type Investment
Building Class C
Floors 1
Typical Floor Size 513 SF
Year Built 1970
Lot Size 0.02 AC

1 Unit Available

Unit 20

Unit Size 513 SF
Price $313,635 CAD
Price Per SF $611.37 CAD
Condo Use Retail
Sale Type Investment
Tenure Freehold
Cap Rate 8.64%
NOI $27,098.10 CAD
Description

End of terrace freehold block comprising 3 floors of two residential flats and
one commercial shop.

The commercial shop is let to two individuals on a 15 year lease dated April
2023 at a passing rent of £15,120 per annum, rising to £16,320 per annum in
April 2025.

The two flats on the upper floors are sold on long leaseholds.

Sale Notes

End of terrace freehold retail investment for sale £175,000.

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Nearby Major Retailers

SPAR
Peri Peri Original
Caffe Nero
Kokoro Uk Ltd
Iceland
eurochange
Starbucks
Metro Bank
Sainsbury's
Santander
  • Listing ID: 34391762

  • Date on Market: 2025-01-07

  • Last Updated:

  • Address: 20 Susans Rd, Eastbourne BN21 3HA

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