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Floorplan
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    Key features

    • A freehold trade counter Investment and associated yard situated on a site of an approx. 0.47 of an acre
    • Let on a 10 year FR&I lease from 2021 (Reversion 2031)
    • The shed amounts to an approx. 5,616 sq ft
    • Gated yard at the front of the property amounting to an approx. 13,465 sq ft
    • Outstanding rent review from June 2026
    • Potential for rental uplift by implementing the rent review (subject to negotiation)
    • Tenant break option on June 2026 - NOT EXERCISED
    • 6 week completion available
    • Investment let at £50,750 p.a. (6.76% GIY on guide price)

    Description

    A freehold trade counter investment comprising a detached warehouse/trade counter unit extending to approximately 5,616 sq ft together with a secure gated yard of an approx. 13,465 sq ft.

    The entire site is situated on an approx. 0.47 acre site.

    The investment offers asset management potential to improve the rent by implementing the outstanding rent review from June 2026.

    Additional information

    Tenure

    Freehold

    Accommodation

    Please refer to the floor plan

    Warehouse an approx. 5,616 sq ft

    Yard an approx. 13,465 sq ft

    Total site an approx. 0.47 acres

    Tenancy

    Hargreaves Road

    • Let to SIG Trading Limited
    • Let on a 10 year FR&I lease from 2021
    • Renewal lease granted from 2003
    • Break option in June 2026 - NOT EXERCISED
    • Outstanding rent review from June 2026 - Upwards Only
    • Investment let at £50,750 p,a.

    Rent

    £50,750 p.a.

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

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      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Located within the established Hampden Park industrial area of Eastbourne, the property occupies a well-known trade counter and warehouse location amongst a range of commercial and industrial occupiers, with convenient access to the town centre and the wider South Coast road network.

      Transport

      The property benefits from good road connectivity via the A22 and A27, providing links to Brighton, Lewes and the national motorway network. Hampden Park railway station is located approximately 1.2 miles to the west, providing regular services to Eastbourne, Brighton, Lewes and London Victoria.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •Some properties might be open to offers prior to auction. Exchange will take place, subject to contract and no higher offers, on auction terms and as per the legal pack. Please contact the auctioneer with your best and final offer, their details can be found on each lot page.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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