Residential Development Opportunity For Sale, 21 Susans Road / 10 Pevensey Road, Eastbourne, BN21 3EX

Prominent corner building comprising a vacant Class E premises with 6x one bed flats let on AST's plus one car parking space. Lapsed consent for residential intensification.
( Agency Pilot Software ref: 9579 )

Location

Eastbourne is a thriving East Sussex coastal town attracting over 4.5 million visitors each year. The lively holiday resort and commercial centre is famous for its award winning beach, Pier and the South Downs National Park covering over 600 s miles is on its doorstep. Eastbourne is located approximately 77 miles south of London, 21 miles east of Brighton and 17 miles west of Hastings. The town benefits from excellent transport links to London via the A22 and Brighton, Hove and Hastings via the A27. There are regular rail services to London Victoria (1 hr 36 mins), Ashford International (1 hr 9 mins) and Gatwick Airport (55 mins). Eastbourne has a primary catchment of 325,000 people with the most affluent social groups A, B and C1 well represented in the town.

Terms

TENURE EB8857 (Freehold)

TERMS Guide price of £XXX - £XXX for the freehold interest with passing gross income of £XXX per annum. Delayed completion possible.

VAT The property is not elected for VAT and therefore VAT is not chargeable on the sale.

EPC Basement Flat – E Ground Floor Flat – D Flat 1 – D Flat 2 – C Flat 3 – E Flat 4 - D

Specification

• Town centre location
• Lapsed consent for intensification
• Ongoing management available
• Passing income £XXX per annum
• £XXX - £XXX
• Delayed completion possible