Overview
The Shop has traded as a Launderette for many years but is suitable for a variety of uses. The Property has Gas Supply and 3 Phase Electricity with lighting throughout. At the rear of the Shop, there is a Plant Room which hosts a boiler and hot water storage for the washers.
Size
Amenities
Location
The Premises are situated on the main A259 coast road through Eastbourne in the mixed Commercial/Residential area of Seaside. This Property is mid-terraced and is close to the Sainsburys Local Store and many other local Independent Traders.
Rent
The commencing Rental to be £12,000 per annum exclusive of Rates and all other outgoings relating to the property.
Incentives are available for a new Tenant to fit-out the Shop to their requirements.
Business Rates
According to the Valuation Office website the premises are described as:
Launderette and premises
Rateable Value: £7,500
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
There is no VAT related to this premises
Legal
Each party is to be responsible for their own Legal Fees
Terms
The Property is to be held on a Full Repairing and Insuring Lease with terms to be agreed and subject to periodic Rent Reviews.
