Overview
Freehold Retail Investment in Busy Local Parade – 357sq ft (33.2 sqm)
The premises comprise of a Ground Floor Shop and although there is a Flat above, our client only owns the Ground Floor Shop and has no responsibility for the Upper Parts.
The premises currently trade as a Sweet and Toy Shop and are approximately 357 sq ft with rear access, Toilet and Storage Cupboard.
Size
Amenities
Location
The premises are situated in the small Shopping Parade of Queens Parade in Hampden Park, just off Lottbridge Drove and within close proximity to Aldi and the Admiral Retail Park where B&Q, Halfords and Costa Coffee are situated. Queens Parade is within a short level walk of Hampden Park Railway Station, which services Eastbourne, Brighton and London Victoria.
Rent
Business Rates
VAT Details
VAT is not applicable to the Sale
Legal
Each party is to be responsible for their own Legal Fees.
Terms
Offers are invited in excess of £90,000 for the Freehold interest.
The Shop is Let to Mr Navid Kohneposhi on a 5 Year Lease expiring 31st May 2030 having Rent Reviews on the 1st June 2027 and 1st June 2029, with the Current Passing Rent being £8,400 per annum.
TOTAL ANNUAL RENT - £8,400
