40 South Street, Eastbourne, East Sussex, BN21 4XB | To Let

Description

A mid terrace retail unit comprising a ground floor with basement and then further rear stores with toilet.  The approximate floor areas are as follows:-

Retail area     489 sq ft  (45.42 sqm)

Basement      717 sq ft  (66.6 sqm)

Rear small toilet & further store via the rear alleyway

Amenities

Excellent trading location

Wooden Flooring

Lighting throughout

WC accommodation

Location

The premises are situate in the established trading location of South Street, locally known as Little Chelsea where there are a number of niche retailers.  Eastbourne Town Centre is within a short level walk, with its mainline railway station servicing Brighton, London and Hastings along with all local amenities.

Lease

The premises are available by way of an assignment of an existing 14 year effective full repairing and insuring lease from 20.7.2014 with a 7 year rent review pattern.

Rent

The current passing rent is £12,000 per annum exclusive of rates and all other outgoings.

Rates

According to the Valuation Office website the premises are described as:

Shop and premises

Rateable Value: £9,300

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 chargeable on the terms quoted.

Legal Costs

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

Viewing

For further information, email details or arrange a viewing, please contact the agents

Simon Hunt                                                                        Mike Tingley

T: 01323 700100                                                                T: 01323 700100

E: simon@huntcommercial.co.uk                                   E: mike@huntcommercial.co.uk