Summary - COSMO, 113-115, SEASIDE ROAD BN21 3PH
1 bed 1 bath Warehouse
**Standout Features:**
- Grand Victorian style corner building with distinctive red brick façade
- Two vacant commercial units at ground and basement levels, previously used as a restaurant and nightclub
- Seven long-lease flats above, offering potential residential income
- Ideal urban location near Eastbourne town centre and seafront
- Future renovation potential with ample space for commercial or residential customization
**Concerns:**
- Commercial units currently vacant; potential for longer letting periods
- Seven flats have varying lease lengths, with five having less than 70 years remaining, which may pose mortgage challenges
- Area characterized by high crime rates and noted deprivation
Discover a unique investment opportunity at 113-115 Seaside Road, a prominent freehold property in Eastbourne, now available for offers around £350,000. This property features two vacant commercial units on the ground and basement levels, previously thriving as a restaurant and nightclub, combined with seven long-lease flats above, providing multiple income streams. The exquisite Victorian architecture adds character and charm, while its strategic corner location positions you just steps from the vibrant town centre and delightful seafront attractions.
While the property does present some leasing challenges, including varying lease lengths for the flats, its significant size and commercial potential allow for various avenues of revenue growth and renovation. The surrounding area boasts excellent amenities, enhancing its appeal for families and investors alike. This is a rare chance to secure a piece of Eastbourne’s thriving landscape—don’t let it pass you by!
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