59-61 Marine Drive

Rottingdean, BN2 7HQ

Under Offer

GROUND FLOOR RETAIL/OFFICE PREMISES

43.57 SQ M (469 SQ FT)

Status

Lease Assignment

Location

The premises are located in the centre of the picturesque and historic coastal village of Rottingdean. It benefits from a prominent main road position, fronting directly onto the north side of the A259 South Coast Road, close to the busy junction with Rottingdean High Street.

Description

Accommodation comprises an end-of-terrace building providing open-plan ground floor retail/office space with a WC and benefiting from a car parking space to the rear.

Available area

The accommodation comprises the following approximate net internal floor areas:

Description sq ft sq m
Ground Floor Retail/Office 469 43.57

Terms

The premises are available by way of an assignment of the existing 10-year lease, due to expire in June 2025 at the passing rent of £15,000 per annum exclusive. Alternatively a new lease may be available with the landlord on terms to be agreed.

VAT

VAT may be applicable on the terms agreed.

Legal Costs

Each party to be responsible for their own legal costs.

Rent

£15,000 per annum exclusive

Business Rates

Rateable Value of £14,750 with a UBR of 49.9 p in £. Small business rates relief may be available subject to a tenant's status

Energy Performance Rating

This property has been graded as E (116)

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