Overview
A mid terrace Retail Unit comprising a Ground Floor with Basement and then further rear Stores with Toilet.
Size
Amenities
Location
The Premises are situated in the established trading location of South Street, locally known as Little Chelsea, where there are a number of niche retailers.
Eastbourne Town Centre is within a short level walk with its mainline railway station servicing Brighton, London and Hastings along with all local amenities including the Beacon Shopping Centre.
Rent
The current Passing Rent is £12,000 per annum exclusive of Rates 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)
£10,250
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
VATis chargeable on the terms quoted
Legal
Each party is to be responsible for their own legal fees.
Terms
The premises are available by way of an assignment of an existing 14 Year effective Full Repairing and Insuring Lease from 2014.