Overview
Retail Premises with Rear Stores and Small Secure Yard – 507 sq ft (47.1 sqm)
The accommodation comprises of a single storey end of terrace Lock Up Shop Unit with an approximate floor area of 507 sq ft. The Shop has WC, lighting, electricity and water supply with a rear door leading to 2 x small Lock Up Stores and a Rear Yard.
Size
Amenities
Location
The premises are situated in the suburb of Eastbourne known as Hampden Park in the established trading area of Brassey Parade which fronts the Tesco’s Store. This Parade is adjacent to the Mainline Railway Station which services both Brighton, London and Hastings.
Rent
The commencing Rental to be £12,000 per annum exclusive of Rates and all other outgoings relating to the Property.
Business Rates
According to the Valuation Office website the premises are described as:
Shop and premises
Rateable Value: £8,300
100% Small Business Rates Relief may be 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 Details
VAT may be applicable
Legal
Each party is to be responsible for their own Legal Fees.
Terms
The premises are to be held on a new Full Repairing and Insuring Lease with terms to be agreed and subject to periodic Rent Reviews. Ideally we are looking to seek a minimum 4 Year Term.
Deposits
A Rent Deposit and Personal Guarantees will be required in relation to the Lease.
