Size 489 sq. ft
Size 45 sq. m
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 484 sq ft (45.42 sm)
Basement 717 sq ft (66.6 sqm)
Rear small toilet and further store via the rear alleyway
40 South Street, Eastbourne, BN21 4XB
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 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.
Each party is to be responsible for their own legal fees.
The premises are available by way of an assignment of an existing 14 year effective full repairing and insuring lease from 2014 with a rent review in 2021.