75 Cavendish Place, Eastbourne, East Sussex, BN21 3RR | For Sale

Description

A mid terrace building which comprises of a lock-up shop with rear stores.
To the rear and at first-floor level are three self-contained flats which have been sold off on long leases.
The accommodation comprises of a lock-up shop with rear store cupboard and additional store area with small kitchenette and toilet.

Location

The premises are situated in the secondary shopping area of Cavendish Place where there are a number of local businesses.
Eastbourne Town Centre and the new Beacon shopping centre are within a short level walk as is the mainline railway station.

Price

Offers are invited in the region of £85,000 for the freehold interest to include the 3 long leasehold flats which have been sold off on 125-year leases with the annual ground rent being £150.

Rates

According to the Valuation Office website the premises are described as:
Store and premises
Rateable Value: £4,650
Payable for the year ending 31st March 2020 = £2,283.15
100% small business relief available, subject to the status of the tenant. It is advised that you contact the Local Rating Authority for confirmation of the actual amount payable.

EPC

VAT

VAT will not be charged on the terms quoted.

Legal Costs

Each party to pay their own legal costs.

Amenities

• Small kitchenette area
• Lighting
• Carpeting throughout
• WC accommodation

Accommodation

Viewing

For further information, email details or to arrange an inspection, please contact the agents:

Subject to contract sh/hc/05/19