Freehold residential led investment comprising 46 residential apartments and one retail unit (A1 Use Class)

A conversion of a former hotel, with part new build

Residential net sales area (NSA) of 1,695 sqm (18,250 sq ft) *

*Measurements have been provided by the vendor and are not verified by the agents

Apartments let on assured shorthold tenancies with a rent passing of £300,960 per annum and an estimated market rental value of £318,250 per annum

Retail unit with a passing rent of £12,500 per annum and is subject to a lease expiring in July 2021

A total estimated market rental value of £316,250

Minimal void periods since completion

Situated in a prominent corner position on Cavendish Place, approximately 0.5 miles to the south east of Eastbourne railway station and 750 ft to the north of the seafront and Eastbourne Pier

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