Size 628 sq. ft
Size 58 sq. m
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|
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).
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
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.
Each party is to be responsible for their own legal fees.
We invite offers for the valuable fixtures and fittings.
NB The business is not being sold as a going concern
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