Virtual Freehold blue-chip, convenience store investment
Ground floor shop measuring 3,761 sqft with a wide frontage
There are 3 floors of residential accommodation above which are not included in the sale
Location Description
With a population of 100,000, Eastbourne is the 2nd fastest growing seaside town in the UK and is known as the sunniest place in Britain. It is 17 miles east of Brighton
The property is located in Meads, a very attractive area in the western part of Eastbourne, characterised by its large Victorian and Edwardian houses, most of which have been converted into flats
The Eastbourne campus of the University of Brighton is close by
Additional Notes
Let to Tesco Stores Limited for a term of 15 years with effect from 2nd July 2010 at a passing rent of £61,600.75 p.a.
5 yearly rent reviews linked to RPI and not capped