Commercial Property for Sale in Bexhill-on-sea

Bexhill-on-sea
REF: 7469

Asking Price:
£1,500,000
Annual Turnover:
TBC
Annual Net Profit:
TBC
REF: 7469
Photo of Commercial Property for Sale in Bexhill-on-sea
Photo of Commercial Property for Sale in Bexhill-on-sea
Photo of Commercial Property for Sale in Bexhill-on-sea
Photo of Commercial Property for Sale in Bexhill-on-sea

Overview

Tenure:
Freehold
Established:
1981
  • Well Equipped Business
  • Equipment Included

This is a rare opportunity to acquire a substantial freehold commercial property in a stunning prime position. With a variety of potential uses & development potential, the entire building is available, currently comprising:
- A 250 m2 ground floor cafe/restaurant with an annual rental value of £30,000 P/A
- Two flats, each with two bedrooms (floor area 70m2 each) presently let on AST totalling £1,325 PCM
- One three-bedroom flat (floor area 95m2 ) presently let on AST of £695 PCM
This makes the total potential rental income of £54,240 P/A. The property itself was built by Lord De La Warr in 1899 and has had no expense spared when it comes to the upkeep and maintenance of its condition. The café is fully equipped with all the necessary and up to date equipment and all three flats are in excellent condition. The property is currently across three floors, but could easily be expanded subject to planning.

Features

Key Information

  • Property Type: Leisure
  • Current Classifications: A2

Location

Loading...
  • Residential Location
  • Close to Local Businesses
  • Limited Competition

Property

Annual Rates
TBC
Accommodation Included
No
Property Value
TBC
EPC
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX

Refine

Miles
£
£
£
£
Chat
Timed popup