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Marina, Bexhill
Marina, Bexhill-on-Sea, East Sussex, TN40 1DA
£900,000
Marina, Bexhill-on-Sea, East Sussex, TN40 1DA
£900,000
Our Summary
- *We are pleased to offer to auction this entire freehold block comprises a ground-floor restaurant area of approximately 250m², along with three self-contained flats across two upper floors
- These rents are significantly below market value, with potential to achieve £900 to £1,000 pcm
- This offers a rare and valuable opportunity for either an owner-occupier or an investor, as well as potential for future development
- Rare Opportunity for Owner-Occupiers, Investors, or Developers
Description
This entire freehold block is being sold via online bidding, comprising a ground-floor restaurant area and three self-contained flats across two upper floors. The property is in excellent condition, having been modernized by the freehold owner over 40 years, and is located in a prime seafront position opposite the De La Warr Pavilion. The three flats are currently let under AST agreements at significantly below market value, with potential to achieve £900 to £1,000 pcm, while the restaurant area was previously leased at £30,000 per annum. This rare opportunity offers a unique chance for an owner-occupier or investor to purchase the entire property, with potential for future development.