1. Property photo 1 of 14 Exterior
  2. Property photo 2 of 14 Exterior
  3. Property photo 3 of 14 Shop Interior

Guide price

£220,000

5 bed property for sale
St. James's Street, Brighton BN2

    • 5 beds

    • 3 baths

    • 4 receptions

Auction
Freehold
Reduced on 05/11/2025

About this property

  • For Sale By Auction 25th February 2026

  • Freehold Interest Ownership

  • Set On One Of Brightons Busiest Thoroughfare

  • Moments From Seafront and Pier

  • Potential For Lucrative Lease Extensions Within Building

  • Contribution From Service Charges & Ground Rents Payable

For sale by auction 25th February 2026

A rare opportunity to acquire a substantial freehold building occupying a prominent position on vibrant St James's Street in the heart of Kemptown, Brighton. Spanning over five floors and exceeding 2,100 sq ft, this versatile mixed-use property comprises a ground floor commercial unit with a large basement, and four residential apartments sold on leases.

Property Overview:
Ground Floor & Basement Commercial Unit:
Currently let at £22,000 per annum, with a lease in place for the next three years. The agreement includes a mutual break clause and the option to extend for a further five years, offering flexibility and security for both landlord and tenant. The commercial space benefits from excellent footfall in this busy central location.

Residential Units:

Flat 1 (First Floor): Lease remaining 87 years
Ground rent: £40, doubling every 21 years

Flat 2 (Second Floor): Lease remaining 87 years
Ground rent: £40, doubling every 21 years

Flat 3 (Third Floor): Lease remaining 87 years
Ground rent: £40, doubling every 21 years

Maisonette (Upper Floors): Lease remaining 123 years
No ground rent payable

Key Features:
Prime Kemptown location, moments from Brighton seafront and city centre

Freehold title comprising ground floor commercial and four residential units

Commercial rent of £22,000 p.a. With potential for renewal

Attractive long leases across residential units with consistent ground rent income

Ideal investment with long-term asset management potential

This is an exceptional opportunity for investors seeking a secure and well-located freehold asset with immediate income and future growth potential. For more information or to arrange a viewing, please contact us.

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Monthly repayment

£1,100 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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