Overview
A mid terrace Retail Unit offering Ground Floor Sales Area with Rear WC x 2, Rear Access x 2 and Front Entrance Door x 2. Amenities include traditional Wooden Shop Front, all Main Services excluding Gas, Rear Loading and Tiled Floor. The Property is considered suitable for a number of uses subject to Planning Consent.
Size
Amenities
Location
The Premises are situated on the northern side of Pevensey Road close to the junction with Cavendish Place. The Town Centre with its many shopping facilities and Mainline Railway Station are within a few hundred yards of the Property.
Rent
The commencing Rental to be £20,000 per annum exclusive of Rates and all other outgoings relating to the Property.
The Landlord will also consider letting the shop as two individual units at £10,000 per unit.
Business Rates
According to the Valuation Office website the premises are described as:
Shop and Premises
Current Rateable Value (1 April 2023 to present) - £9,900 per annum
Under Small Business Rates Relief there are no rates payable, but all interested parties are advised to make their own enquiries with the Local Authority. If the shops are to be let separately the rating valuation will need to be updated.
VAT Details
VAT may be chargeable on the terms quoted.
Legal
Each party to be responsible for their own Legal Fees
Terms
The Premises are to be let on a Lease with terms to be agreed.
