Overview
The Premises comprise of a corner location Shop which is available with vacant possession.
The Flats both being sold off on Long Leases – 55a has just been extended by 90 Years giving a balance of 152 Years to run at a Peppercorn Rent.
55b has 62 Years left to run and pays a current Ground Rent of £100 per annum.
There is a small Sinking Fund which all parties pay into for the general upkeep. Details upon request.
Size
Amenities
Location
The premises are situated in Firle Road close to the main A259 Coast Road being Seaside which is the main arterial road in and out of Eastbourne. Eastbourne Town Centre is within ½ mile with its excellent shopping facilities, Mainline Train Station and all other amenities.
Rent
Business Rates
According to the Valuation Office website the premises are described as:
Shop and premises
Rateable Value: £5,100
VAT Details
There is no VAT related to this premises
Legal
Each party is to be responsible for their own legal fees.
Terms
Offers are invited in the region of £87,500 for the Freehold Interest.
