Description

Location
The property is situated in the heart of the North Laine shopping area with excellent footfall and just down from Brighton railway station as well a being a short walk from the seafront and Churchill sqaure shopping centre the unit offers an excellent retail position for any occupier, nearby traders include MangeTout, Flour Pot Bakery & UBYK along with a creative mix of other independant companies.

Description
Well positioned A1 retail unit arranged over basement & ground floors, the property benifits from open plan ground floor retail space with wood flooring along with good sized window display space.

The basement is restricted head height, however still providing excellent storage/retail space along with under stairs storage area.

Size
Retail space: 274.72sq.ft
Basement: 149.85sq.ft
Store: 73.08sq.ft
Total area approx: 497.65sq.ft

Lease
The property is available by way of assignment of the existing term which has two years remaining at a current rental of £11,500pa. However consideration would be given by the landlord to grant a new lease if required.

Premium
A premium for the lease is required, offers are invited in the region of £7,500

Business Rates
Interested parties are advised to contact the local authority to confirm the rates payable and to confirm if they are eligible for any small business rates relief. Rateable Value: £9,900

Legal Costs
The ingoing tenant will be responsible for their own costs incurred in relation to the transaction as well as the landlords reasonable legal costs.

EPC
An EPC is available for interested parties to view on request.

VAT
May be chargeable on this transaction, interested parties must make their own enquiries to confirm.

Viewing
Strictly by appointment through Sole Agents: Parsons Son & Basley

  • North Laine Retail Unit
  • Premium £7,500
  • New lease also available
  • Popular location