£11,500 PA

Address: 27 St Leonards Rd, Bexhill-on-Sea, UK

Property Description:

DESCRIPTION: This property is an extremely prominent ground floor and basement property, situated within 50M of Devonshire Road. It comprises a shop with return frontage to Eversley Road and large storage area with rear access through locked gates to a yard area with parking. The property is currently being used as an off-licence, but is ideally suited to many other uses requiring a prominent display area.

LOCATION: The property is situated on the corner of St Leonard’s Road and Eversley Road, on the north side of St Leonard’s Road, between Eversley Road and Wilton Road, in the parade of shops having the JobCentre on the next corner with Wilton Road. The shop is within 300M of the seafront and Bexhill station in the other direction.

AREA: Please note, all measurements quoted on net internal area, (NIA), according to RICS Code of Measuring Practice.
Sales Area 689 SqFt (64 SqM)
Ground Floor Storage Areas 335 SqFt (31 SqM)
Basement Area 719 SqFt (66.8 SqM)

USER: The shop has planning permission as an A1 retail user at present.

RATEABLE VALUE: £9,600. Rates payable 2017/2018

LEASE TERMS: Lease assignment running until December 2027 when new lease terms can be discussed.

REPAIRING LIABILITY: The tenancy will be granted on a full repairing and insuring liability lease and the tenant will be responsible for maintaining the exterior and interior of the property and contributing towards the structural parts of the building, (which has recently been totally overhauled). The percentage contribution for any structural repairs, (roof, foundations, gutters, rainwater pipes and drains), will be 33.33%.

RENT: £11,500 per annum, exclusive of rates.

PREMIUM: £35,000 for the business and all related fittings. An inventory is available for prospective buyers.

EPC: The landlord will provide the EPC, as shown on these particulars.

COSTS: The ingoing tenant will be responsible for the costs of referencing, and the costs of the lease assignment at a cost of £350 plus VAT.VIEWING: All viewings by confirmed appointment and accompanied by Maltbys personnel.

Price: £11,500 PA

Availability: To Let

Enquire about this Property:

  • This field is for validation purposes and should be left unchanged.