The premises comprise a 4 storey mid terraced building with ground floor shop and basement, which for many years has traded as a very successful hairdressing salon. The shop benefits from a main retail area, with steps into a rear workspace, kitchen, WC and stairs to basement storage. The upper parts comprise 2 flats, one of which has been sold off on a long leasehold and the other on the top floor is included with vacant possession.
Accommodation
Area | Sq ft | Sq m |
Main retail area | 253 | 23.50 |
Further retail area | 72 | 6.69 |
Lobby area | 62 | 5.76 |
Rear room | 93 | 8.64 |
Kitchen area | 77 | 7.15 |
Basement | 81 | 7.53 |
Investment - Income Producing Lockup Shop with Spacious Top Floor 1 Bed Flat with Vacant Possession in Good Decorative Order
The premises are situated in Crown Street in Old Town of Eastbourne to the rear of Waitrose, where there are a number of niche retailers. Eastbourne town centre with its mainline railway station is within half a mile.
According to the Valuation Office website the premises are described as:
Shop and premises
Rateable Value: £5,400
Payable for the year ending 31st March 2024 = £2,694.60
100% small business rates relief may be 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.
We are seeking offers in the region of £285,000.
For sale with vacant possession.
Speak to our commercial property team
Eastbourne: 01323 700100
Hastings: 01424 404004
Hove: 01273 634000
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