Overview
The premises comprise of a mid-terrace building with Ground Floor Shop which is currently trading as a Hair Salon. The Shop offers approximately 703 sq ft of retail space and has it’s own WC and storage room and stairs to Mezzanine.
Lease
The Ground Floor Shop is Let on a new 3 Year Internal Repairing Lease (Inside the Landlord & Tenant Act) from 1 March 2026, expiring on 28 February 2029 at a Rental of £750 per month (£9,000 per annum). The existing Tenant is using the premises as a Hair Salon.
There is a mutual Break Clause at Year 2 giving 6 months prior written notice. A Deposit of £750 is held by the Vendor.
Size
Amenities
Location
The premises are situated in the secondary shopping area of Susan's Road, which is within a short level walk of Eastbourne Town Centre and the Mainline Railway Station.
Rent
Business Rates
According to the Valuation Office website the premises are described as:
Shop and premises
Rateable Value: £5,700
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
VATwill not be chargeable on the terms quoted
Legal
Each party is to be responsible for their own legal fees.
Terms
Offers are invited in the region of £120,000 for the Freehold Interest, to include the benefit of the income from the Shop and Long Leasehold Flat.
