Overview
The Premises comprise an end terrace Self Contained Retail Unit which is currently trading as a Tailors and is let on a Lease by Reference until June 2028 (see details below).
The Long Leasehold Interest is for the Ground Floor Shop Premises only with no responsibility for the accommodation above, with 74 Years of the 99 Year Lease remaining.
The Shop benefits from various amenities including, Traditional Wooden Shop Front, Security Grills, Sales Area, Kitchen, WC, Rear Stock Room and Side Personnel Entrance.
Size
Amenities
Location
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 of Eastbourne’s Mainline Railway Station and the Beacon Shopping Centre and Town Centre amenities.
Rent
Business Rates
Shop and Premises
Current rateable value (1 April 2023 to present) £6,000
VAT Details
VAT will not be charged on the terms quoted
Legal
Each party to pay their own legal costs.
Terms
Offers are invited for £75,000 for the Long Leasehold Interest of the Ground Floor only, which is held on a 99 Year Lease from 25th March 1999 and has a Peppercorn Rent.
Tenant Information
Muhittin Serdar Gokhan
Lease by Reference from 15th June 2022 up to 19th June 2028
Current Passing Rent £7,000 per annum
Rent Review 20th June 2025
