47 London Road, Bexhill-on-Sea TN39 3JY

£800,000
Sold Subject to Contract

Size 14,981 sq. ft

Size 1,391 sq. m

Area Bexhill

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 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

Location

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.

Amenities

Ground Floor Front Showroom & Stores

First Floor Offices

Rear Workshops

Enclosed Loading Yard

Forecourt Car Parking

Established Town Location

Business Rates

According to the Valuation Office website the premises are described as follows:

Office & Premises £7,500

Showroom, Warehouse & Premises £61,000

VAT Details

VAT will not be charged on the terms quoted.

Terms

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.

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