Overview
Town Centre Retail Premises with Basement – Approx 798 sq ft (74.1 sqm)
A mid terraced building comprising of a Shop and Basement, which has recently traded as a local Travel Company who are relocating. The Town Centre Shop is in good decorative order with lighting throughout. The Accommodation comprises of Main Sales Area, Glass Partitioned Office, Rear Stores, Kitchen and WC. The Basement is accessed via a Hatch and Stairs leading off main Sales Area.
Size
Amenities
Location
The premises are situated in the established trading location of Grove Road, known locally as “Little Chelsea” where there are a number of niche and independent retailers, along with national retailers including Tesco Express and Morrisons.
The premises is close to the main Council Offices and Library and is within a short walk of the Beacon Shopping Centre and Mainline Railway Station with frequent services to Brighton, London and Ashford International.
Rent
The Rental to be £13,750 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: £12,500
Small Business Rates Relief may be available depending on the status of the Tenant – all enquiries should be made via the Valuations Office.
VAT Details
VAT is applicable to the Rent
Legal
Each party is to be responsible for their own Legal Fees
Terms
The Property is to be held on a new Effective Full Repairing and Insuring Lease with terms to be agreed and subject to periodic Rent Reviews.
Insurance - the Landlord insures the Building and recoups the Premium from the Tenant
