Business unaffected **
The premises which have been recently converted into a fully fitted pizzeria is being sold, with the benefit of all of the equipment, tables, chairs etc. The accommodation comprises as follows: main kitchen area with wood-fired pizza oven, counters, fridges etc. Door leading to rear store and side access. There are two seating areas, each with 22 covers. There is also separate male and female WC accommodation.
Location
The premises are situated on the corner of Church Street and East Dean Road in the old town of Eastbourne and form part of the former Tally Ho public house which is now the Two Bulls Steakhouse with this particular property being totally self contained. Eastbourne Town Centre is within a short distance, with its mainline railway station, shopping facilities and all other local amenities.
Term
Available on a 5 year lease which expires on 13th February 2022. The annual rental is £18,200 per annum.
Service charge
The electric is charged at £100 per month. Please note there is no gas connected.
Rates
According to the Valuation Office website the premises are described as:
Restaurant and premises
Rateable Value: £9,700
Payable for the year ending 31st March 2020 = £4,762.70
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 is not applicable to the rental.
Premium
Offers are invited in the region of £40,000 for the leasehold interest to include all the fixtures and fittings.
Legal Costs
Each side to be responsible for their own legal charges in relation to the lease.
Amenities
• Fully fitted pizzeria
• Lighting throughout
• Excellent shop front
• Male and female WCs
• Some heating
• Good trading location
Accommodation
Area Sq ft Sq m
main retail area 368 34.19
seating area 1 287 26.66
seating area 2 374 34.75
Total 1,029 95.60
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
Listed Features
- Restaurant
- General Retail
- Heating
- Kitchen
- Office
- WC Facilities