Overview
Shop Premises - Lease Available - 1,271 sq ft (118.09 sq m)
The Property comprises of a Ground Floor Lock Up Unit which until recently has traded as a small Bar with First Floor Stores.
Size
Amenities
Location
The Premises are situated in the established Retail Area of Langney Road which adjoins Terminus Road being the main Shopping thoroughfare and the entrance of the Beacon Shopping Centre. Eastbourne Railway Station is within a short level walk and this property is next to Iceland.
Rent
The current Rental is £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
Current rateable value (1 April 2023 to present) £11,250
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 is not applicable to the Rental
Legal
Each party is to be responsible for their own legal fees in the Assignment of the Leasehold Interest.
Terms
The Premises are currently held on a 12 Year Lease from 15th January 2023 having 3 Yearly Rent Reviews.
A new Lease may be possible
