Commercial Development to rent
Western Road, Bexhill On Sea, TN40
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Call 01424 312040Nearest stations:
Commercial information:
- 3,879 sq ft (360 sq m)
Letting information:
Letting type: CommercialFull description:
An unusual, early 20th century building on ground, lower ground, first and second floors, with a projector room above. The property was originally arranged as a cinema with foyer. It has now been divided to form a retail unit on the ground floor, a lower former covered market area, and an upper auditorium/ cinema. The three parts of the building are inter- connected, but can be separated as they each have their own entrance. The property has a substantial façade. The building is in need of substantial remedial works and modernisation.
LOCATION:
The property is situated on the north side of Western Road, a one-way street with some parking and delivery bay areas. The property adjoins an indoor market and is close to other multiples, including the Co-op supermarket, Johnson’s dry cleaners, Julian Graves, and Thomas Cook travel agent. Western Road is one of the prime retail areas of Bexhill town centre.
AREA & MEASUREMENTS All measurements in accordance with RICS Code of Measuring Practice Net Internal Area.
Cinema: A 215 seat cinema, (but limited to 60 seats by the Fire Officer), over two floors, (first and second), with projector room, storage, bar area and cloakroom.
Ground Floor Retail Unit: A total sales and storage area of 146.66 SqM, (1579 SqFt).
Lower Cinema Level: (Now self-contained with own street access), sloping floor and two small first floor areas, having a total area of 213.85 SqM, (2300 SqFt).
USE:
Cinema Use: Having approximately 215 seats.
Retail Use: A1 retail use under the Town & Country Planning Use Classes Order
Lower Area: This area was previously used as an antiques market.
RATEABLE VALUE:
Cinema: £1,000
Retail Premises: £22,000
Lower Area: £5,100
PLANNING:
The property is offered for sale with its existing planning consents. No offers will be entertained at this stage, except for the existing use.
AVAILABILITY: The premises are immediately available.
PRICE FREEHOLD:
Offers invited, in the region of £500,000 freehold, for the existing use only. NB: In the event of a change of use, the purchaser will be required to repay the vendor 100% of the planning gain and such terms will form part of the contract.
VIEWING:
Maltbys will be pleased to conduct Viewings. Applicants are reminded that the agents and owners accept no liability. Proof of funding may be required.
Maltbys Chartered Surveyors,
20 Parkhurst Road, Bexhill-on-Sea, TN40 1DF
Tel: 01424 730678
Fax: 01424 212677
Email: alan.maltby@maltbysltd.co.uk
Offers invited, in the region of: £500,000
Nearest stations:
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