• RICS
  •      

      • 197-199 Terminus Road, Eastbourne, East Sussex, BN21 3DH | To Let

        £22,000.00 per annum
        Click image to enlarge
        Details

        Description

        The premises comprise a spacious and well-presented shop with large fully opening folding doors which lead to an attractive interior with quality wood flooring. The restaurant seats 50 people at quality wooden chairs and tables, with a further 20 seats outside under a large awning.


        Location

        The premises are situated in the heart of the main retail area of Eastbourne being Terminus Road and the property is within a short level walk of the main Arndale Shopping Centre and the mainline railway station.
        There are a number of both local and national operators within this particular area of Terminus Road and this location benefits from excellent footfall.


        Terms

        The premises are currently held on a 15 year lease dated 2015.


        Rent

        The current passing rent is £22,000 per annum.


        Rates

        According to the Valuation Office website the premises are described as:
        Restaurant and premises
        Rateable Value: £10,250
        Payable for the year ending 31st March 2020 = £5,032.75
        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 will not be applicable.

        EPC

        Legal Costs

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


        Premium

        To include leasehold premises, fixtures and fittings. - £60,000


        Amenities

        • Prominent trading location
        • Excellent decorative order
        • Large fully opening folding doors

        Accommodation

        Area Sq ft Sq m
        Sales area 852 79.15
        Kitchen/ stores 169 15.70
        Total 1,021 94.85

        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/05/19

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