Description

Location
The property is situated on London Road in Brighton a busy location popular with students with a high level of passing trade and footfall. London Road is a short distance from the North laine area of brighton and Brighton central train station.

Description
The property comprises of a ground floor retail space let for £12,000pa. The property also includes a self-contained two bedroom maisonette above, in need of refurbishment, currently let on an AST for £800pcm providing a total rental income of £21,600pa for the building.

Size
GF Shop – 1,011sq.ft
Maisonette – 559.52sq.ft

Freehold
The property has a guide price of £360,000 for the freehold interest in the property, subject to the existing lease/ AST on the building. Further details available on request.

Business Rates
Interested parties are advised to contact the local authority to confirm the rates payable.

Legal Costs
Each party will be responsible for their own costs incurred in relation to the transaction.

EPC
EPC’s are 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 with SOLE AGENTS, PARSONS SON AND BASLEY