Size 700 sq. ft
Size 65 sq. m
The premises comprise an end of terrace unit which for many years traded as a newsagents and convenience store. The premises comprise of all clear space of 700 sq ft. The landlord is currently carrying out some works to the premises and installing a new wc to the property and the premises are ready for immediate occupation.
EPC Rating C - 58 (of 51-75)
355 Seaside, Eastbourne, BN22 7PA
The premises are situated on a very prominent corner location of Seaside and Channel View Road and is on the main A259 arterial route in and out of Eastbourne. The town centre is approximately 2 miles to the west with its mainline railway station.
The property is surrounded by a mixture of both national and local operators including the Co-operative Store, Tesco Express and is close to the main retail warehousing and industrial area of Lottbridge Drove.
The commencing rental to be £15,000 per annum exclusive of rates and all other outgoings.
The ingoing tenant will need to put down a rent deposit on completion of legal formalities. Details upon request.
According to the Valuation Office website the premises are described as:
Shop and premises
Rateable Value: £5,100
Payable for the year ending 31st March 2021 = £2,544
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.
Each party is to be responsible for their own legal fees.
The property is to be held on a new effective full repairing and insuring lease for a term to be negotiated having periodic rent reviews.
Some of our other areas of commercial property expertise