Overview
High Street Retail Unit in Prominent Corner Location – 928 sq ft (86.2 sqm)
The Shop forms part of The Centre, a mixed-use Commercial Building on Polegate High Street, adjacent the Train Station and in a prominent corner position. The premises has double fronted Shopfront, Lighting throughout, WC, Kitchenette, Rear Stores leading to Rear Loading Area (no vehicle access) and is suitable for a variety of E Class Uses including Retail, Office, Medical and Health etc.
Size
Amenities
Location
The premises occupies a prominent position located in the centre of the High Street on the corner of Roy Martin Way being within a few yards of Polegate Mainline Train Station. Eastbourne is approximately 4 miles to the south and Hailsham 4 miles to the north. The Town is predominately made up of independent traders with a number of service industry occupiers such as estate agents, solicitors and convenience stores. The Town is one of the best served locations for mainline railway links with direct links to Gatwick and London Victoria and is also served by two principal ‘A’ roads (A27/A22) servicing the county of East Sussex.
Rent
The current Rent is £14,500 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: £15,500
Estimated Rates Payable: £6,696
VAT Details
VAT is applicable to the Rent and Service Charge
Legal
Each party is to be responsible for their own Legal Fees
Terms
The property is being offered by way of an Assignment of the existing Lease being a 10 Year Lease dated from the 4th October 2023, with a Rent of £14,500 per annum. There is a Rent Review and Tenant Only Break Clause at Year 5.
A Deposit will be required by the Assignee.
