Cornfield Terrace, Eastbourne, East Sussex, BN21

Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A

Key Features: • £55,000 premium for the lease and equipment • Excellent corner trading position • Fully equipped • Suitable for retail snf/or catering

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 25 The Waterfront, Sovereign Harbour, Eastbourne, BN23 5UZ

Full Description: **£55,000 Premium for new commercial lease and equipment**

Location Eastbourne is a long-established and popular seaside town, attracting both leisure and business visitors throughout the year. The town is home to notable attractions including the Victorian Pier, Bandstand, seafront, the Sovereign Harbour complex, and access to the South Downs National Park.

The town also hosts a strong programme of year-round events such as the LTA Rothesay International Tennis Tournament, Airbourne, Beachy Head Marathon, triathlons, and the Magnificent Motors show, supporting a healthy mix of tourism and commercial trade. Recent investment has enhanced Eastbourne's profile, with the expansion of the Beacon Shopping Centre and redevelopment of the Congress Theatre, Tennis Centre, and Conference Centre.

With direct rail connections to London, Brighton and Gatwick, alongside excellent road links, Eastbourne remains a thriving and accessible destination for both visitors and residents.

The property occupies a prominent corner position at Cornfield Terrace and Blackwater Road in the desirable Lower Meads area. It is within walking distance of the town centre, seafront and mainline railway station.

Premises The property features an attractive shopfront with dual access points, located on both Cornfield Terrace and Blackwater Road. The ground floor provides two versatile retail/catering areas, a servery, fully equipped commercial kitchen, and WC facilities.

The basement level features two additional rooms, as well as a separate storeroom, suitable for storage, preparation, or ancillary use.

The premises are finished and maintained to a high standard throughout, providing an immediate trading opportunity.

Equipment There is a selection of very high-quality equipment including two delicatessen display fridges, a large counter fridge, upright display fridge, kitchen extraction hood, fridge, dishwasher, microwave, freezer, grill, convection oven, three-group espresso machine, coffee grinders, air conditioning units, gas hob, a range of free standing and built in shelving, etc.

Tenure Leasehold on terms to be agreed and a commencing annual rent of £18,000.

Business Rates Ratable Value - £12,250. If the occupier qualifies for Small Business Rates Relief, we estimate the Rates Payable to be £509 per year.