PEVENSEY SERVICES, BEXHILL ROAD (A259), PEVENSEY, EAST SUSSEX BN24 5JW

PROMINENT ROADSIDE OPPORTUNITY
2,612 sq ft (242.6 sq m)

Key Points

* Frontage to A259
* Site area 1.01 acres
* Existing A3 consent

Location

Situated on the A259 at the "Green Sign" Pevensey Services, immediately adjacent to the upgraded Esso petrol filling station accessed via shared entrance.

Click here for Google street view.

Description

The existing unit provides a unit of approximately 2,612 q ft (242.6 sq m) and 40 car parking spaces.  Detached modern single storey building set within landscaped grounds with car parking arranged to the front of the site.  Purpose built restaurant of brick construction beneath a pitched roof with feature "tower".

Interest parties can make use ofthe existing fixtures and fittings although no warranty will be given and will be entirely at leasee/purchasers own risk.

Terms

The property is available on a new effective full repairing and insuring lease for a minimum term of 10 years subject to a open market rent review at the end of every fifth year.

Rent

The rent on the existing building will commence at £27,500 per annum exclusive.

Long Leasehold

Alternatively our clients will consider a sale of their long leasehold interest expiring 2080 for £180,000 plus VAT.

EPC

An EPC for the property has been commissioned and will be available to interested parties on request.

Rates

We are informed by the Valuation Office that the property is currently assessed as follows:

Rateable Valuable - £24,500.
UBR for 2012/13 - £0.45
Rates Payable - £11,025 pa

Prospective occupiers should verify the above information for themselves.

Timing

The unit is currently vacant and therefore access can be granted upon completion of the relevant legal formalities.

A non refundable deposit of £5,000 will be required by the landlord before legal documentation is despatched with an exchange of contracts required within 28 days - further details upon request.

Viewing

Strictly by appointment through sole agent: Ashwell Rogers

or Edward Symmons on 020 7955 8454.

Important Note

The landlords have undertaken various surveys and therefore are able to provide further information regarding the structure of the unit to interested parties.

SUBJECT TO CONTRACT

MAY 2012