5 Meads Streeteastbourne, Eastbourne, BN20

The premises which were previously used for banking purposes provide mainly open plan ground floor area having high ceilings and windows and the basement having two strong rooms and storage area. In the main banking area there are meeting rooms with male and female WC accommodation. Externally there are some further outbuildings with one reserved car parking space.

Location

The property is located in Meads high street where there are a number of both local and national occupiers, approximately ¼ mile west of Eastbourne town centre and is considered to be an affluent area.

Eastbourne has a residential population of approximately 105,000 (Eastbourne Borough Council website) and is located at the junction of the A22, A27 and A259. The town is approximately 65 miles south of Central London, 24 miles east of Brighton and 18 miles west of Hastings. There are direct trains to London Victoria, Gatwick and Ashford International (Eurostar).

Lease

Available on a new full repairing and insuring lease on terms to be agreed having periodic rent reviews.

Rent

The commencing rental to be £15,000 per annum exclusive of rates and all other outgoings.

Rates

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

Bank and premises

Rateable Value: £18,750

Payable for the year ending 31st March 2020 = £9,206.25

It is advised that you contact the Local Rating Authority for confirmation of the actual amount payable.

VAT

VAT may be chargeable on the terms quoted.

Legal Costs

The ingoing tenant to be responsible for the landlord's reasonable legal charges.

Accommodation

Area Sq ft Sq m

Ground floor 1,082 100.52

Basement area 559.72 52

Amenities

• Popular Meads High street location

• Vaults/ strong room in basement

• Character ceilings

• Former bank

• High ceilings

Viewing

For further information, email details or to arrange an inspection, please contact agents:

Simon Hunt Mike Tingley

T: T: M: M: E: E:

Subject to contract sh/hc/05/19