Overview
The Unit was constructed in 2003, is half brick and half clad with a fully insulated Roof and gives all clear space of approximately 730 sq ft. The Unit has a WC, Lighting throughout and an Office area, which can be removed if not required.
The Unit benefits from User Clase E and B1 Light Industrial Use/B8 Warehouse Use. There is strictly no Motor Trade.
Trading Hours for the Estate are Monday to Saturday 7am to 7pm (including Bank Holidays). No Sunday opening.
Size
Amenities
Location
The Premises are situated on the small Industrial Estate in Latimer Road which runs parallel to Seaside, being the A269 Coast Road in and out of Eastbourne. Eastbourne Town Centre is approximately half a mile in distance.
Rent
The commencing Rental to be £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:
Warehouse and premises
Current Rateable Value (1 April 2023 to present) - £8,400
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 appliacable
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. Longer terms will be considered, incorporating 5 Yearly Rent Reviews.
Rent Deposit/Personal Guarantee
Our Clients will be seeking a Rent Deposit from any ingoing Tenant and if a Limited Company takes a new Lease, Personal Guarantees will also be required.
