Lot 94 - 4 Western Road, Bexhill-on-Sea, East Sussex

TN40 1DX

Clive Emson Online Auction describes this property as: An exciting opportunity to acquire this freehold investment currently producing £22,000 per annum on a fully repairing and insuring lease. Currently operating as a café, the property is located within one of Bexhill’s prime retail areas and offers well-proportioned accommodation over three floors, together with covered parking space to the rear. In addition to the current use, it is considered that the property may hold potential for conversion of the upper parts to provide a residential scheme while retaining the commercial area on the ground floor, subject to all necessary consents being obtainable. Bexhill town centre offers a wide variety of local shops, amenities and mainline railway station offering services across the south coast. The De La Warr pavilion and seafront are also within easy reach. Ground Floor. Entrance into customer seating area with double bay fronted windows, Café bar area, W.C. and store room. First floor. Customer seating area and former kitchen used for storage. Second Floor. Office area and two W.C’s. Outside. Covered parking space. Tenancy. Let on a fully repairing and insuring lease assigned from an original lease dated 13th September 1999 at a current rental of £22,000. The tenant is currently holding over.

Auctioneer's Lot page

£220,000 – £230,000

Guide Price