Commercial property for sale in Brighton, England

Brighton - Mixed Use Investment Opportunity The property is situated in the popular and highly sought after North Laine area of Brighton and occupies a position near to Sydney Street which is one of the primary retailing thoroughfares. The North Laine comprises a variety of independent and specialist retailers. Rents and prices are quoted exclusive but may be subject to VAT. The property is arranged as four storey mid terrace building. There is a self-contained restaurant on the ground and lower ground floor, and a two bedroom flat on the first and second floor. The restaurant unit has the following approximate NIA: Ground Floor: 433 sq ft / 40.22 sq m Basement: 384 sq ft / 35.68 sq m Total: 817 sq ft / 75.90 sq m The ground and lower ground floor is let and trades as a restaurant. There was a 10 year term commencing 30/8/2010 which has since expired with the tenant currently holding over. The lease is inside the 1954 Landlord & Tenant Act and the tenant has indicated they wish to stay. They are currently paying £12,300 per annum. The two bedroom flat is let by way of an AST agreement at a current rent of £1,000 per month. 6 Trafalgar Street- Rateable Value (2023): £9,700. 6A Trafalgar Street - Council Tax Band A TBC Each party to bear their own legal costs incurred. Freehold for sale subject to the benefit of the existing leases with a guide price of £550,000. Sought after North Laine location Revesrionary rents Well maintained building Two bedroom flat let on AST Restaurant let with tenant holding over

Commercial property for sale in Brighton, England

Retail property (high street) for sale

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