Lot 3: BLOCK COMPRISING THREE FLATS AND RESTAURANT WITH PLANNING FOR FURTHER TWO FLATS

A freehold four storey mid-terrace property located within easy reach of the seafront and town centre with its array of shops, bars, restaurants and mainline railway station.

The building is arranged as a former restaurant on the ground floor with basement below and three self-contained flats occupying the first and second floors, each let at a current rental of £20,700 per annum.

Planning

Planning Permission has been granted by Eastbourne Borough Council, under reference: 200771, dated 20th October 2020 for change of use from Class E (commercial business and service) to C3 (dwelling house) to form one studio flat and one two bedroom flat at ground floor level to include single storey rear extension and changes to shop front. Proposed removal of rear bay window at first floor level and installation of a Juliet balcony and use of a flat roof as terrace for the first floor level, subject to conditions.

A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website or the Local Planning Authority website.

Local Planning Authority

Eastbourne Borough Council. Website:eastbourne.gov.uk. Tel: 01323 415210

Proposed Accommodation

Ground Floor

Unit 1

Own entrance at ground floor level. Hallway, open plan kitchen/bedroom/living room, bathroom with W.C.

Unit 2

Open plan kitchen/living room/dining room, two bedrooms, bathroom with W.C. and access to existing garden at rear.

Current Accommodation

Ground Floor

Vacant Restaurant (previously let at£10,200 per annum)

Main bar area leading on to galley kitchen and further seating room, two W.C.s

Lower Ground Floor

Basement.

First Floor

Flat 1

Hallway, bathroom with W.C., living room, bedroom and kitchen.

Tenancy

Let on an Assured Shorthold Tenancy at a current rent of £500 per calendar month.

Flat 2

Hallway, bedroom, bathroom with W.C., open plan kitchen/living room and further bedroom.

Tenancy

Let on an Assured Shorthold Tenancy at a current rent of £700 per calendar month.

Second Floor

Flat 3

Entrance on first floor with stairs to second floor. Landing, kitchen, bathroom with W.C, living room and bedroom.

Tenancy

Let on an Assured Shorthold Tenancy at a current rent of £525 per calendar month.

Residential EPC: D
Commercial EPC: D

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