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Property Location

Retail, Investment Residential, Investment Residential Angle, Development - Residential, Restaurants and Bars, Flat

14 Grove Road, Eastbourne, East Sussex, BN21 4TJ

Leasehold £25,000 Per annum
Freehold £520,000 Freehold

990 to 5426 sq ft
(91.97 to 504.08 sq m)
The property comprises a ground floor retail/restaurant premises with associated basement storage and rear courtyard and parking.

There are 3x large two-bedroom flats above. Flat 1 is vacant and in need of refurbishment whilst Flat 2 is let with scope to increase the rent to market level. Flat 3 has been sold on a long leasehold with circa 80 years remaining.
The premises are situated in the established location of Grove Road, known locally as "Little Chelsea" where there are a number of niche occupiers including independent restaurants and coffee bars.

The property is opposite the Council offices and Library and is within a short walk of Terminus Road to the new Beacon Shopping Centre & mainline railway station.
Max Perkins
Max Perkins

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