The premises comprise of a former car showroom and workshops, which for a number of years has been used as a furniture depot. The buildings are of brick construction with corrugated asbestos she clad roof areas. The majority of the premises will be sold with vacant possession; However, the front office building is currently let on a formal Lease (details below). Discussions with the tenant have confirmed they are seeking to relocate to larger premises and so vacant possession could be achieved. There is an enclosed loading yard set behind the main showroom with forecourt car parking fronting London Road.
Accommodation The approximate floor areas of the premises are as follows: - | ||
Area | Sq ft | Sq m |
Ground Floor Front Showroom & stores | 2,337 | 217 |
First floor offices | 990 | 92 |
Rear workshops | 10,320 | 958 |
Total | 13,647 | 1267 |
Front office building – ground floor | 667 | 62 |
First floor | 667 | 62 |
Total | 14,981 | 1,391.8 |
Ground Floor Showroom and Stores with Rear Workshops, Enclosed Loading Yard and Forecourt Car Parking in Established Town Location
The premises are situated in the heart of Bexhill town centre adjacent the Lidl supermarket and within yards of the Council Town Hall, and train station. Bexhill is serviced by the A259 Coast Road which links it to the nearby towns of Eastbourne and Hastings. Bexhill is an established Seaside town with various attractions including the famous Art Deco De Lar War Pavilion.
According to the Valuation Office website the premises are described as follows:
Office & Premises £7,500
Showroom, Warehouse & Premises £61,000
VAT is not chargeable on the terms quoted.
The majority of the premises will be sold with vacant possession; However, the front office building is currently let on a formal Lease (details below).
The ground and first floor office building is let to Rother Voluntary Action and is held on a ten-year Lease from 31 March 2016, with the current passing rent of £7,500 pax
Offers are invited in the region of £800,000 for the freehold interest of the entire site, with the benefit of the current rental income.
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