146-150 Terminus Road, BN21 3QL
Terminus Road Eastbourne was acquired as part of a larger Portfolio.
The property comprises a mixed-use building located adjacent to Debenhams Department store and opposite Marks & Spencer in Eastbourne’s prime retailing pitch of Terminus Road.
The property comprises large retail unit on basement and ground with established Night Club above and a single retail unit arranged on basement and ground. Total income £116,350 pax.
The main unit is let to Blacks Outdoor Retail Group and the lease re-gear has recently been completed.
The building did not have a documented Fire Escape route and after complicated negotiations this issue was also resolved.