The building consists of an A1 retail lock up shop currently operating as a convenience store with a self-contained two bedroom flat above currently let out for £XXXpcm. The shop is arranged with open plan retail space with rear kitchenette and W.C as well as under stairs storage space, it has a tiled floor with suspended ceiling and air-conditioning. The residential flat consists of lounge/ diner separate kitchen with two double bedrooms, separate bathroom and a lean-to utility room it is fitted with gas central heating and double glazing.
Location
The property is located on the Southside of Upper Gloucester Road in Brighton city centre just down from the main train station and off of Queens Road. This part of Gloucester Road is predominantly residential now with only two other commercial units within the road. The immediate area to the east forms part of the north lanes which is very popular among tourists and boasts very high footfall figures and passing trade, the main seafront and Churchill Square shopping centre is located approx 5/10 minutes’ walk to the south.
Accommodation
The ground floor shop has a total internal area of approx 589.86sq.ft or 54.80sqm, 1st floor two bedrooms flat unmeasured.
Terms
USES: A1
PREMIUM: £XXX Guide price for the benefit of the lease, fixtures, fittings and goodwill.
FREEHOLD: Offers are invited in the region of £XXX for the freehold interest in the property with vacant possession of the ground floor.
RENTAL: £XXX per annum
TERMS: New Lease
BUSINESS RATES: We have been advised by the client that the current rates payable are £XXX per year However, all interested parties are encouraged to make their own enquiries with Borough of Brighton & Hove
OPENING HOURS: Open 7 Days a week 7:00 a.m till 10:00 p.m
STAFF: Family run
TURNOVER: Current turnover in excess of £XXX per annum approximately
ACCOUNTS: Available on request
LEGAL COST: Each party will be responsible for their own legal costs in relation to this transaction
LOCAL AUTHORITY: Brighton & Hove
REFERNCE CHARGE: London Properties charges a fee of £XXX plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord
HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account
FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition