The premises are an end of terrace unit and provide mainly clear space, although there is a small office in the unit.
The unit benefits from B1 Light Industrial Use/ B8 Warehouse Use. There is strictly no motor trade.
Trading hours for the estate are Monday to Saturday 7.00 am–7.00pm including Bank Holidays. No Sunday opening.
Light Industrial/ Workshop Unit with Office, 3 Phase Electricity, Up and Over Loading Door with Pedestrian Access and Car Parking
The premises are situated on the small industrial estate in Latimer Road which runs parallel to Seaside, being the A259 Coast Road in and out of Eastbourne.
Eastbourne town centre with its excellent shopping facilities and mainline railway station is approximately half a mile distance.
A commencing rental to be £12,000 per annum exclusive of rates and all other outgoings, then increasing £1,000 per annum for the period of the Lease.
According to the Valuation Office website the premises are described as:
Warehouse and premises
Rateable Value: £9,500
Payable for the year ending 31st March 2024 = £4,740.50
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
There is a service charge for the general upkeep of the estate and to cover buildings insurance. Details upon request.
Each Party to pay their own legal costs
A new full repairing and insuring lease is to be granted for a term to be negotiated
VAT may be chargeable on the terms quoted.
Speak to our commercial property team
Eastbourne: 01323 700100
Hastings: 01424 404004
Hove: 01273 634000
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