A double -fronted prime retail shop arranged over ground floor extending to 2,000 sq ft (185.8 sq m). Amenities include suspended ceilings with inset lighting, air-conditioning and security window shutters.
Location
Hastings is situated on the East Sussex coast, 15 miles east of Eastbourne, 27 miles south of Tunbridge Wells and 53 miles south-east of London. The property is located on the junction of Queens Road and South Terrace opposite Marks and Spencers in The Priory Meadow Shopping Centre. Other nearby occupiers include Santander Bank, Peacocks and local retailers.
Accommodation
Size - 2,000 sq ft (185.8 sq m)
Terms
LEASE OPTION - The property is available to let upon a new effective full repairing and insuring lease at a commencing rent of £28,000 + VAT per annum exclusive. Subject to terms offered, the Landlord will consider stepped rent and rent free.
FREEHOLD INTEREST - Offers in the region of £285,000 are invited for the freehold interest. The freehold interest includes ground rents from 2x maisonettes (2nd / 3rd floors) and 2x flats (1st floor) totally £200 per annum (£50 per dwelling).
LEGAL COSTS - Each party to be responsible for payment of their own legal costs.
PLANNING - We understand the property falls within a mixed A1 (Shops) and A2 (Financial & Professional Services) use class, as defined by the Town and Country Planning (Use Classes) Order 1987 (as amended).
BUSINESS RATES (2020/2021 FINANCIAL YEAR) - To be re-assessed. Guidance on request can be given on the likely Rateable Value to be set.
ENERGY PERFORMANCE CERTIFICATE - The property has been graded a C (71) rating.