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Commercial Property to rent

Meads Street, Eastbourne

£15,000 pa

Property Description

Key features

  • Popular Meads High Street Location
  • Former Bank
  • Vaults/Strong Rooms in Basement
  • High Ceilings
  • Character Features
  • Possibility of parking area by negotiation
  • Viewing highly recommended

Full description

The ground floor & basement vaults of this handsome and prominent building were previously used for banking purposes and are now available to let. The mainly open plan ground floor naturally having high ceilings and windows to two sides. The basement having two strong rooms and storage room.

Eastbourne is located approximately 22 miles east of Brighton and 64 miles south of London. The substantial property is situated in a prominent position at the junction of Meads Street and Dalton Road.  Meads Street  has a range of commercial premises including shops, convenience stores and public houses.

Ground floor - Gross internal floor area approx. 100.52 sqm (1,082sq ft)
    Main banking hall                 9.32m x 9.02m (30' 7" x 29' 7")
    Separate meeting room      4.73m x 3.92m max narrowing to 2.49m (15' 6" x 12' 10" max narrowing to 8' 2")
    Cloaks area             3m x 1.41m (9' 10" x 4' 8")

Basement - Gross internal floor area approx. 52 sqm (559.72)
    Store room                      3.6m x 2.2m (11' 10" x 7' 3")
    Strong room one            5.38m x 1.94m (17' 8" x 6' 4")
    Strong room two             6.42m x 5.55m narrowing to 4.29m (21' 1" x 18' 3" narrowing to 14' 1")

There is limited off-street parking available by separate negotiation

A new lease is available on terms to be agreed.  The rent for the ground floor and basement is £18,500 pa.  

The exterior of the property is about to be overhauled and the tenant of the “bank” will not be charged for that work. The proportion if the buildings outgoings relative to “the bank” has yet to be calculated pending slight changes to the accommodation.


The Valuation Office Agency shows:

Rateable Value £15,000, though this includes some first floor accommodation which is not included in this letting and reassessment will be required.  The 2016 rate in the £ is 48p meaning that the headline rates payable will be £7200. New reliefs are about to be introduced which should reduce the rates payable too.  Please check with Eastbourne Borough Council.

 EPC Rating: D

Reid+Dean give notice that these particulars are only illustrative and potential buyers or tenants need to satisfy themselves of the acceptability of every aspect of the property.  The particulars  do not constitute  an offer or part of an offer and do not form any part of a contract.  Before making an offer prospective buyers or tenants must check with Reid+Dean to ensure that it is our client’s intention to include any specific fixtures or fittings.  Unless stated otherwise, no services or equipment have been tested.   Although warrantees relating to the property might be given during the conveyancing process Reid+Dean and its employees are not in a position to do this.

Energy Performance Certificates (EPCs)

Map & Street View

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Property reference URE1307. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Reid + Dean, Eastbourne.

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