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Elm Park Mansions, Cavendish Place, Eastbourne, BN21 3EJ
1,695 Sq Mt / Land / Serviced Office
Withdrawn - Last updated: 02 September 2019
Freehold residential led investment comprising 46 flats and one shop (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 £316,250 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 £318,250
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
( Agency Pilot Software Ref: 14845 )
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