Overview
The Property is comprised of an end of terrace Lock Up Shop Unit with Rear Stores, Additional Stores, Garage and Parking Space.
Size
Amenities
Location
The Premises are situated in a busy and popular Village of Pevensey Bay where there are a number of niche local Traders, and this particular property is on the one way system in a very prominent position.
Pevensey Bay is on the A259 Coast Road between Eastbourne, Bexhill and Hastings and is a popular Tourist Area with its excellent Beaches.
The Sovereign Harbour Retail Park with Asda, Boots, Next, B&M, Mountain Warehouse, along with the Waterfront Harbour Area are within a few minutes drive.
Rent
The commencing Rental to be £13,500 per annum exclusive of Rates, Insurance Premium and all other outgoings.
Business Rates
According to the Valuation Office website the premises are described as:
Shop and Premises
Current Rateable Value (1 April 2023 to present) £7,500
100% small business rates relief may be 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
There is no VAT related to this premises
Legal
Each party is to be responsible for their own legal fees in the preparation and completion of the Lease.
Terms
The Premises are to be held on a new effective Full Repairing and Insuring Lease with terms to be negotiated having periodic Rent Reviews.
