72 Cavendish, Eastbourne, BN21 3RL

£70,000
For Sale

Size 323 sq. ft

Size 30 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 property comprises an end of terrace ground floor self contained corner unit with a double glazed shop front and is currently operated as a Barbers Shop. The unit benefits from return frontage to Tideswell Road and offers sales area, with kitchenette and W.C. There is also a forecourt area which has been previously used as a car parking space.

Accommodation
Area Sq ft Sq m
Shop area 297 27.6
Rear store 26 2.4

Sale Price

£70,000 for a 1/6 share of the freehold of the building and the benefit of the Hiring Agreement

Location

72 Cavendish, Eastbourne, BN21 3RL

The premises are located in the busy secondary location at the corner of Cavendish Place and Tideswell Road where there are a number of local traders. The Arndale Centre and the town centre is within a short level walk with its mainline railway and bus station.

Amenities

WC

Kitchenette

Double glazed shop front

Spot and fluorescent lighting

Laminated wood flooring

Forecourt area

Rent

Tenancy

The premises are let on a Hiring Agreement on FRI terms to the current tenant Nabaz Rasoul from 23rd July 2021 for a term of 5 years paying a rent of £5,500 per annum with a rent review and tenant break option on the 3rd anniversary of the term. The equivalent of a quarters rent is held as a deposit.

Business Rates

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

Shop and premises

Rateable value: £3,600

100% small business relief available, subject to the status of the tenant. It is advised that you contact the Local Rating Authority for confirmation of the actual amount payable.

VAT Details

VAT will not be charged on the terms quoted.

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