TO LET: LARGE, RETAIL UNIT ON SOUGHT AFTER ST LEONARDS SEA FRONT 3 MARINE COURT, ST LEONARD ON SEA, TN38 0DX
An immediately available retail unit in a highly prestigious 1930’s listed building on St Leonards sea front. The property comprises of a ground premises with a communal toilet and rear hallway area shared between 3 other units. 3 Marine Court has A1 commercial usage and a flexible, large open frontage which would be suitable for a number of uses and was previously used as a furniture sales shop. The property is part of a row of shops and small restaurants showcasing local artisan retailers and has a good footfall especially in the summer months.
Marine Court is on St Leonards on Sea seafront (A259), between London Road and Maze Hill, 100m from the Royal Victoria hotel and on a direct bus route between Eastbourne and Hastings. It is a 10 minute walk from St Leonards Warrior Square train station and a 20 minute walk from Hastings Pier and town centre.
AREA & MEASUREMENTS
The restaurant measures 14.33M deep and 3.80M wide. The public / staff toilets are communal and available to all the commercial units in the building and are therefore not part of the measurements.
The total area of the premises GIA (Gross Internal Area) 54.42M² (586Ft²). All measurements are given as GIA as per the RICS Code of Measuring Practice.
The property currently has planning permission for A1 retail usage.
According to the Valuation Office Agency, the premises have a rateable value of £3,700 per annum. Standard non-domestic rating multiplier 50.4p (2019-2020).
LEASE: A new Lease will be created for the Tenant and the length of Lease is negotiable.
EPC: The EPC will be supplied, by the Landlord, as per statutory requirements.
COSTS: The tenant will be responsible for the Lease costs in the sum of £400.00 plus VAT and the cost of referencing checks at £62.50 plus VAT.
VAT: Not applicable to this transaction.
SERVICE CHARGE: A service charge of around £1200 per quarter would be payable by the Tenant.
RENT: £5,500 per annum exclusive. Rent will be payable monthly in advance by standing order.
- Unit in the sought after Marina Buildings
- Seafront Footfall
Price: £5,500 pa
Availability: To Let
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