Size 592 sq. ft
Size 55 sq. m
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.
|Area||Sq ft||Sq m|
|Stairs leading to rear stores/further retail area||167||15.51|
|Kitchenette and wc|
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.
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.
Each party to pay their own legal costs.
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.
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