The premises comprise a traditional wooden shop fronted retail premises, forming part of a parade of shops behind the Grand Hotel. The parade offers a mix of independent specialist traders, ranging from boutique wine bars, art gallery, pharmacy and antique dealers to name a few. The unit offers a bright, airy, ground floor, with tall ceilings, wooden flooring and stairs leading to a lower ground kitchenette, WC and storage area.
Please note that the Landlord will not permit business uses that compete with existing traders within the parade.
Traditional Wooden Shop Fronted Retail Premises in Busy Parade behind The Grand Hotel with Basement Stores, Kitchenette and WC
The property is situated on the east side of Compton Street between the junctions of Jevington Gardens and Silverdale Road. The area hosts a variety of theatres, restaurants, seafront promenade and town centre undercover shopping centre, train and bus stations, all within a short walk of the premises.
£8,000 per annum exlusive.
According to the Valuation Office website, the premises are described as follows: -
Shop & premises
Rateable Value: £6,200
(100% small business rates relief is available subject to status)
Fair and reasonable contribution towards common parts.
Available on a new full repairing and insuring Lease for a term of 6 years, with rent review, and tenant only break option on the third anniversary.
Each party is to be responsible for their own legal fees.
Speak to our commercial property team
Eastbourne: 01323 700100
Hastings: 01424 404004
Hove: 01273 634000
Some of our other areas of commercial property expertise