40 South Street, Eastbourne, East Sussex, BN21 4XB | To LetDetails
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
Excellent trading 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.
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.
The current passing rent is £12,000 per annum exclusive of rates and all other outgoings.
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 may be chargeable on the terms quoted.
Each party is to be responsible for their own legal fees.
For further information, email details or arrange a viewing, please contact the agents
Simon Hunt Mike Tingley
T: 01323 700100 T: 01323 700100
E: email@example.com E: firstname.lastname@example.orgEnquiryThank you for your enquiry.