2 Grand Parade, Polegate, BN26

The premises comprise a semi-detached two storey self-contained lock up shop with self contained 1 bedroom flat with rear garden. The property forms part of a parade of mixed retail uses including offices, restaurant and public house. The shop benefits from traditional wooden shop front, wood flooring, kitchen, W.C., first floor storage, gas fired heating, part double glazed windows, off street parking and secure garage storage to the side.

In addition there is a 1 bedroom self contained flat accessed from the front which benefits from gas fired heating and a rear garden.

Location

The premises are located on the northern side of Grand Parade opposite the junction of the A27 Lewes Road and the A22 Eastbourne Road on the outskirts of Polegate. It is arguably the busiest junction in East Sussex providing excellent business profile. Eastbourne is approximately 4 miles to the south and Hailsham 4 miles to the north. The town is predominately made up of independent traders with a number of service industry occupiers such as estate agents, solicitors, convenience stores and several high street banks represented. The town is one of the best served locations for mainline railway links with direct links to Gatwick and London Victoria and also by road as the two principle 'A' roads servicing the county of East Sussex meet at Polegate.

Price

Freehold for sale with vacant possession with a guide price of £293,000.

Rates

According to the Valuation Office website the premises are described as:

Shop and premises

Rateable Value: £5,200

Payable for the year ending 31st March 2019 = £2,470

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

VAT will not be chargeable on the terms quoted.

Legal Costs

Each party is to be responsible for their own legal fees.

Amenities

• Wooden shop front

• Off street parking

• Gas fired heating

• Double glazed windows

• Self contained flat

• Rear garden

Accommodation

Area Sq ft Sq m

Ground floor sales 301 27.96

First floor sales 300 27.87

Total sales 601 55.83

Stores 176 16.35