>
4 bedroom terraced house for sale
Athens Restaurant, Terminus Road, Eastbourne
£640,000
Athens Restaurant, Terminus Road, Eastbourne
£640,000
Our Summary
- 209% PER ANNUM ** IDEAL FOR DEVELOPMENT ** OR TRADE AND RESIDENTS ** POTENTIAL OFF STREET PARKING TO REAR ** YARDS FROM THE SEAFRONT ** ABILITY TO GENERATE ** Feasibility Assessment for Terminus Road:Based on market research, commercial space rents along Terminus Road typically range from £30 to £36 per square foot
- 6599% Net YieldThis assessment provides a clear overview of the financial feasibility and potential returns for the Terminus Road property investment
- Nestled on Terminus Road in Eastbourne, just a stone's throw away from the picturesque beach, this remarkable investment opportunity boasts unparalleled allure
- In summary, this property represents an exceptional investment proposition, characterized by its prime location, versatile layout, and potential for both commercial and residential utilization
Description
This property on Terminus Road in Eastbourne offers a unique investment opportunity with a potential leveraged yield of 12.209% per annum. The property features a thriving restaurant on the ground floor and residential spaces above, including a spacious 3-bedroom maisonette and a self-contained apartment. The building's layout is versatile, allowing for multiple options, including maintaining the current configuration or dividing the spaces into separate, self-contained units. The property's prime location near the beach and its high visibility on Terminus Road make it an attractive investment, with potential for both commercial and residential utilization. With a projected annual income of £76,856, the net income after utility costs and mortgage payments is estimated at £38,906, providing a leveraged return on invested capital of 18.6599%.