50 Meads Street, Eastbourne, BN20 7RH

£16,000 p/a
To LetUnder Offer

Size 628 sq. ft

Size 58 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 a mid-terraced retail unit which has for many years been trading as a well known and popular cafe/tea room and is considered in excellent order. Internally the cafe has stairs to lower ground kitchen with doors lead to rear courtyard. The ground floor offers sales area, seating area with tables and chairs and kitchen to the rear with external linked W.C. Externally there is an enclosed courtyard serviced by a side passage way. The upper parts provide a 3 bedroom maisonette which is fully self contained and currently let out on an Assured Shorthold Tenancy for £900 pcm.

Accommodation Sq ft Sq m
Main sales area 299 27.78
Rear sales 96 8.92
Kitchen 68 6.31
Basement 173 16.07
Total 636 59.08

Location

50 Meads Street, Eastbourne, BN20 7RH

The property is located in Meads Village, approximately 1½ miles west of Eastbourne town centre and is considered to be an affluent area. Eastbourne has a residential population of approximately 105,000 (Eastbourne Borough Council website) and is located at the junction of the A22, A27 and A259. The town is approximately 65 miles south of Central London, 24 miles east of Brighton and 18 miles west of Hastings. There are direct trains to London Victoria, Gatwick and Ashford International (Eurostar).

Amenities

Well presented

Meads Village location

Traditional wooden shop front

Spot lights

Basement storage

Rear access

Kitchen

W.C

Rent

The entire property is let on a single lease at a rent of £16,000 per annum with the maisonette let on an AST at a rent of £10,800 pax

Business Rates

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

Shop & Premises Rateable Value: £6,500 * The shop qualifies for 100% Small Business Rates Relief

The maisonette has a council tax banding of C.

VAT Details

VAT may be chargeable on the terms quoted

Terms

We invite offers for the valuable fixtures and fittings.

NB The business is not being sold as a going concern

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