Lot Details

6 and 6A Gildredge Road, Eastbourne, East Sussex, BN21 4RL

Guide Price*
£460,000+

  • A Substantial Freehold Commercial Investment Part Let With Development Opportunity (Subject to Obtaining All Relevant Consents)

Description

The property comprises a double fronted corner building arranged over lower ground and two upper floors. Further development potential to extend the the upper floors to the rear of the property and to convert the uppers parts to residential (subject to the relevant consents)

The property is prominently positioned on the east side of Gildredge Road, strategically located between the intersections with Station Street and Mark Lane. It enjoys the advantage of being just approximately 90 metres from Eastbourne Station, which provides convenient access to national rail services, making it highly accessible for both commuters and visitors.
Freehold

Accommodation / Tenancy Schedule

Present Lessee Floor Accommodation Approximate Area sq. ft. Approximate Area sqm Lease Details Current Rent p.a Reversion
Bate & Albon Solicitors Ground Floor & First floor Office space 437 40.60 5 Yrs. From 2019 £9,500 2024
Butters David Grey LLP Lower Ground floor Reception, office space, Kitchenette, 2 x WC 1,207 112.13 10 Yrs. from 2022 £18,000 2032
Vacant Front Office 1st floor Not inspected NA NA Vacant Vacant NA
Vacant Suite 1 Not inspected NA NA NA NA NA
Vacant Suite 2 Not inspected NA NA NA NA NA
Vacant Suite 3 Not inspected NA NA NA NA NA
Current Passing Rent Per Annum £27,500 with an ERV of £53,000

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Agreement Documents

Additional Documents

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