Size 430 sq. ft
Size 39 sq. m
The premises comprise a mid terraced 3 storey building, with a ground floor self contained retail unit and a two bedroom flat above. Accessed via a private entrance fronting South Street. The shop is currently trading as a pottery and art shop.
The freehold is for sale subject to the lease of the ground floor and the Assured Shorthold Tenancy.
3 South Street, Eastbourne, BN21 4UJ
The property is located on South Street close to the junction with Grove Road and Grange Road, in a specialist retail area known as ‘Little Chelsea’. The town centre is in close proximity along with the mainline railway and bus stations. The area is home to a wide range of specialist retailers and is considered a destination shopping area. Eastbourne lies approximately 18 miles west of Hastings and 22 miles east of Brighton and is ideally situated to serve the county via the A22 and A27 trunk roads.
Ground Floor Shop
Mr M Giles
|£8,500 p.a. based on a 5 year lease from June 2017|
£9,000 p.a. AST start date 17/7/19
6 months C Oliver & L Stirrup
|Total Income||£17,500 PAX|
According to the Valuation Office website the premises are described as follows:
Shop and premises
Rateable Value: £4,900
Small Business Rate Relief offers 100% discount
Flat has a Council Tax Banding of ‘A’
Each party is to be responsible for their own legal fees.