95 Cavendish Place, Eastbourne, BN21 3TZ - PRICE REDUCED

£55,000
For Sale

Size 592 sq. ft

Size 55 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 an end terrace self contained retail unit which for many years has traded as a tailors. The shop benefits from many amenities including wooden shop front, security grills, sales area, kitchen, W.C, and a rear stock room.

Our clients currently have a 99 year lease from 9th November 1999 with the lease being just for the ground floor shop and no responsibility for the upper parts.

Offers are invited in the region of £55,000 for the benefit of the long leasehold interest to include the occupational lease.

Accommodation
Area Sq ft Sq m
Shop premises 350 32.52
Stairs leading to rear stores/further retail area 167 15.51
Kitchenette and wc
Rear storage 75 6.97
Total 592 55.00

Location

95 Cavendish Place, Eastbourne, BN21 3TZ - PRICE REDUCED

The premises are situated at the junction of Ashford Road and Cavendish Place and occupy a prominent trading location.

Cavendish Place is within a short level walk, with the main shopping area of Terminus Road and the Beacon Shopping Centre and the mainline railway station.

Amenities

Carpeting within the shop

Lighting throughout

Kitchenette facilities

Separate w.c.

Business Rates

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

Shop and premises

Rateable Value: £5,300

Payable for the year ending 31st March 2022 = £2,644

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.

Terms

The premises are currently held to a Mr. G. Gokham on a 5 year lease from June 2017 with the current passing rent being £5,750 per annum exclusive of rates and other outgoings.

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