42 South Street, Eastbourne, East Sussex, BN21 4XB

£168,000
Under Offer

Size 1,084 sq. ft

Size 100 sq. m

Area Eastbourne

If you prefer to speak to someone:

Call us on: 01323 700100 or 01424 404004

Call us on: 01323 700100 or 01424 404004

Overview

The premises comprise of a mid terraced four storey mixed use building in the heart of ‘Little Chelsea’ . The shop and basement benefit from traditional double fronted shop front of wood frame construction with ground floor sales, W.C and stairs leading to basement workshop/storage. The upper parts are accessed via a private entrance to the side of the building via an alley way which leads to the communal entrance. The flats are all sold on long leaseholds paying a peppercorn ground rent and service charge contributions towards common parts. To the rear is a garden area attached to one of the flats.

The flats have limited term remaining offering potential additional revenue by way of lease extensions.

Location

42 South Street, Eastbourne, BN21 4XB

The premises are situated on the southern side of South Street between the junctions of Grove Road and Gildredge Road in the established and busy trading area know as Little Chelsea . This area is known for is varied mixed of independent traders. The town centre bus, railway station and under cover Beacon shopping centre are within a 5 minute walk of the property.

Amenities

W.C

Traditional Wooden Double Fronted Shop Front

Good Basement Workspace

Sold With Vacant Possession

Good trading location

Business Rates

According to the Valuation Office website the premises are described as Shop and premises with a rateable value of £10,500

100% Small Business Rates Relief is available for qualifying occupiers

VAT Details

VAT will not be charged on the terms quoted.

Terms

For Sale with vacant possession subject to the 4 long leasehold flats above.

Offers invited in the region of £168,000

Get in touch

Speak to our commercial property team

Eastbourne: 01323 700100 • Hastings: 01424 404004 • Hove: 01273 634000

Eastbourne: 01323 700100
Hastings: 01424 404004
Hove: 01273 634000