£325,000
(£745.41/sq. ft)
Retail premises for sale36 Church Street, Brighton, East Sussex BN1
436 sq. ft
Freehold
About this property
Prime Retail Investment
City Centre Location
Short walk to Brighton Train Station
Overall income of £20,000pax
Location
Situated at the top of Church Street, within yards of the main thoroughfare of Queens Road, which is one of the main arterial routes and leads directly to Brighton Mainline Train Station to the north, and the popular Churchill Shopping Centre, The famous Lanes and major tourist attraction of Brighton Seafront to the south.
The premises can be found on Google Maps by typing in the following postcode: BN1 1RL.
Description
The premises are currently trading as a cake shop and occupy the ground floor, together with a small rear yard. The upper parts are sold off on a long lease and the ground floor is let on a lease for a term of 12 Years from May 2013, at a current rent of £20,000 per annum, exclusive.
Price
Offers are invited in the region of £325,000 for the freehold interest.
Tenure Comments
Freehold investment
EPC
The property has an EPC rating of C - 55.
VAT
We are informed that VAT is applicable on the terms quoted.
Use
We understand the premises benefit from Class E use however, we would advise any potential tenant to check with the Planning Department to ascertain if their use is permitted.
Legal Fees
Each party is responsible for their own legal fees in this transaction.
Viewing
Strictly by appointment with Sole Agents, Jacobs Steel.
Situated at the top of Church Street, within yards of the main thoroughfare of Queens Road, which is one of the main arterial routes and leads directly to Brighton Mainline Train Station to the north, and the popular Churchill Shopping Centre, The famous Lanes and major tourist attraction of Brighton Seafront to the south.
The premises can be found on Google Maps by typing in the following postcode: BN1 1RL.
Description
The premises are currently trading as a cake shop and occupy the ground floor, together with a small rear yard. The upper parts are sold off on a long lease and the ground floor is let on a lease for a term of 12 Years from May 2013, at a current rent of £20,000 per annum, exclusive.
Price
Offers are invited in the region of £325,000 for the freehold interest.
Tenure Comments
Freehold investment
EPC
The property has an EPC rating of C - 55.
VAT
We are informed that VAT is applicable on the terms quoted.
Use
We understand the premises benefit from Class E use however, we would advise any potential tenant to check with the Planning Department to ascertain if their use is permitted.
Legal Fees
Each party is responsible for their own legal fees in this transaction.
Viewing
Strictly by appointment with Sole Agents, Jacobs Steel.
.png){kind=logo}