We are delighted to announce the sale of this property, which was an excellent opportunity to acquire freehold premises located in Seaside Road, a popular part of Eastbourne town centre. The building is comprised of a cafe, currently let on a commercial lease producing and annual rent of £13,500, and a four-bedroom maisonette which is let on an HMO basis (licence not required) with a potential rent of £22,880 per year.
This type of property is proving to be a very popular choice with investors at the moment and we are a number of registered buyers seeking similar investments.
November 2020