20 Susans Road, Eastbourne, East Sussex, BN21 3HA

Key Features

  • Retail investment
  • End of terrace freehold
  • Passing rent of £16,320 per annum
  • Local covenant of private individuals
  • Sold off residential upper parts on 99 year leases from 1988
  • No VAT

Summary

Property Type Investment
Size 513 sq ft (47.66 sq m)
Sale For Sale £175,000 Freehold

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 £16,320 per annum. The two flats on the upper floors are sold on long leaseholds.

Rates and Service Charge

The current 2023 Rateable Value of the property is

VAT

VAT will be chargeable on the terms quoted.

Legal Costs

Each party is to be responsible for their own legal fees.

Viewing

By appointment with agents.

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