• RICS
  •      

      • 17 Cornfield Terrace, Eastbourne, East Sussex, BN21 4NS | To Let

        £10,500.00 per annum
        Click image to enlarge
        Details

        Description

        The premises comprise of a mid terrace premises with ground floor lock up cafe which has traded for many years and is fully fitted.
        The accommodation comprises of a main cafe area with a counter, a rear kitchen and basement area. There is also a small yard with a WC.
        The premises are fully equipped and will be sold with all fixtures and fittings – details upon request.


        Location

        The premises are situated in Cornfield Terrace just off the main War Memorial roundabout which leads to Cornfield Road and the town centre as well as the other busy trading road of South Street.


        Premium

        Offers are invited in the region of £7,500 for the leasehold interest.


        Lease

        At present there is a 10 year effective full repairing and insuring lease from September 2018 having 5 yearly rent review.


        Rent

        The current rental is £10,500 per annum.


        Rates

        According to the Valuation Office website the premises are described as:
        Shop and premises
        Rateable Value: £6,200
        Payable for the year ending 31st March 2019 = £2,945
        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

        VAT

        VAT may be charged on the terms quoted.


        Legal Costs

        Each party is to be responsible for their own legal fees.


        EPC

        Accommodation

        Area Sq ft Sq m
        Main cafe area 396 36.79
        Rear kitchen 147 13.57
        Small yard with WC    
        Basement 450 41.81

        Viewing

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

        Simon Hunt Mike Tingley
        T: 01323 700 100 T: 01323 700 100
        M: 07809 267 729 M: 07799 884 282
        E: simon@huntcommercial.co.uk E: mike@huntcommercial.co.uk

        Subject to contract sh/hc/11/18

        Enquiry

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