The premises comprise a spacious and well-presented shop with large fully opening folding doors which lead to an attractive interior with quality wood flooring. The restaurant seats 50 people at quality wooden chairs and tables, with a further 20 seats outside under a large awning.
The premises are situated in the heart of the main retail area of Eastbourne being Terminus Road and the property is within a short level walk of the main Arndale Shopping Centre and the mainline railway station.
There are a number of both local and national operators within this particular area of Terminus Road and this location benefits from excellent footfall.
The premises are currently held on a 15 year lease dated 2015.
The current passing rent is £22,000 per annum.
Rates
According to the Valuation Office website the premises are described as:
Restaurant and premises
Rateable Value: £10,250
Payable for the year ending 31st March 2019 = £4,868.75
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 will not be applicable.
Each party is to be responsible for their own legal fees.
Premium
To include leasehold premises, fixtures and fittings. - £50,000
• Prominent trading location
• Excellent decorative order
• Large fully opening folding doors
Area Sq ft Sq m
Sales area 852 79.15
Kitchen/ stores 169 15.70
Total 1,021 94.85
For further information, email details or to arrange an inspection, please contact the agents:
Simon Hunt Mike Tingley
T: T: M: M: E: E:
Subject to contract sh/hc/02/19