The premises comprise a ground floor retail shop, most recently trading as a cafe.
Location
Situated in a prominent position in a raised terrace of shops opposite a Co-op store and close to the junction with the A22 East Grinstead/Eastbourne road. Forest Row is some 3 miles south of East Grinstead. Close by is the Hop Yard Brewing Company and Seasons Wholefoods/Cafe.
Accommodation
Shop
Internal width 18’3” (5.5m)
Total shop depth 39’ (11.9m)
712 sq ft (66.1 sq m)
Ceiling height 8’ (2.4m)
Timber effect laminate flooring + inset LED spotlights.
Currently fitted our as a cafe with approx. 24 covers + a servery area.
Cloakroom Low level w.c. + hand basin.
Terms
TERMS - The premises are held on a 999 year long lease from 28 July 1997. The long leaseholder is responsible for paying a ground rent of £100 per annum.
PRICE - £200,000 for the residue of the long leasehold interest.
Alternatively A new 3 year proportionately full repairing & insuring lease will be considered at a rent of £15,000 per annum.
RATES - Local Authority: Wealden SBR (25/26): 49.9p
Rateable value : £12,750
N.b. Eligible businesses occupying a property with a rateable value of less than £15,000 may be entitled to small business rate relief with properties having a rateable value of £12,000 or less paying no rates. Further details may be found at www.gov.uk/apply-for-business-rate-relief.
VAT - Under the Finance Act 1989 VAT may be chargeable on the price. It is recommended that a prospective purchaser should make their own enquiries to establish whether or not VAT is chargeable prior to entering into an agreement.
SERVICE CHARGE - There is a a service charge for a contribution to common areas. Currently £600 pa for this unit.
SERVICES - The mention of any appliances and/or services in these details does not imply they are in full and efficient working order.
EPC - Energy performance certificate Band B(30).