Cornfield Terrace, Eastbourne, East Sussex, BN21

£1,500

Size

1,539.24

Lease length

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EPC

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Parking

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Price per
Primary use
Shop
Other use(s)
Cafe
Frontage
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Key features

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

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.
Additional information
Let type
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Let contract length
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Status
Available
Service charge
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Business rates
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Use class
E
Floors in building
2
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Cornfield Terrace, Eastbourne, East Sussex, BN21

NEAREST STATIONS

National Rail

Eastbourne Station

0.32 miles

National Rail

Hampden Park Station

1.94 miles

National Rail

Pevensey & Westham Station

3.91 miles

About GPS Commercial, Eastbourne

GPS Commercial, Eastbourne

Helping You Buy and Sell Businesses, Investment Property and Commercial Premises

We are a specialist agency focused on the sale and acquisition of trading businesses, investment properties, and commercial premises across South East England. Whether you're buying, selling, or investing, our experienced team provides expert guidance and end-to-end support to help you achieve the best outcome.

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Disclaimer - Property reference 31201. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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 GPS Commercial, Eastbourne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.