The premises are situated in the established trading location of Grove Road, known locally as 'Little Chelsea' where there are a number of niche occupiers and multiples, the road having a Tesco Express, Boots the Chemist and a number of independent restaurants and coffee bars.
This particular property is close to the main Council Offices and Library and is within a short walk of Terminus Road, where there is the new Beacon Shopping Centre and the main line railway station. Eastbourne is well serviced by direct trains to Brighton, London and Ashford International.
A new effective full repairing and insuring lease will be granted for a term to be negotiated.
A mid terraced building comprising of a shop and basement, which for many years traded as a local opticians and is in good decorative order.
The accommodation is as follows:-
Ground Floor Retail Area 895sq ft (87.79 sqm)
Rear stores - 105 sq ft (9.66 sqm)
Total Ground Floor Area (Approx) 1,000 sq ft
Basement 743 sq ft (69.02 sqm)
Please note there are additional workshops which can be made available under separate negotiation. Details upon application.
Please note there are also 2 self contained flats above this property, which if required can also be let to any potential tenant. Details on application.
£15,500 p.a. exclusive of rates and all other outgoings
Rates
If the ingoing tenant only has one commercial premises, then rates will not be applicable due to the Government Small Business Rates Relief Scheme
According to the Valuation Office website the premises are described as:
Shop and premises - RateableValue: £11,250 - Payable y/e March 2020 - £5,523.75
All rates enquiries should be made to Eastbourne Borough Council Business Rates Department - VAT
VAT is not chargeable on the terms quoted
Each party is to be responsible for their own legal costs
• good decorative order
• carpetting throughout
• lighting to retail unit
For further information, email details or to arrange a viewing, please contact the agents
Simon Hunt
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Mike Tingley
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