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GROUND FLOOR UNIT, KEMPTOWN HOUSE, 72 CARLTON HILL, BRIGHTON, BN2 0GW
700 Sq Ft / Other / Investment
Withdrawn - Last updated: 23 December 2022
Summary
A self contained ground floor office suite of approx 700 sq ft (65.03 sq m) let to Rooms For Therapists Limited on a lease term expiring 4th June 2029 with a tenant only break clause on the 4th June 2024, subject to 6 months prior notice, paying a rent of £XXXpa exclusive. We understand there is a 3 month rent deposit held by the landlord.
Key Points
PRICE £XXXMODERN BUILDINGCLOSE TO NEW EDWARD STREET QUARTER & CIRCUS STREET DEVELOPMENTSINVESTMENT OPPORTUNITY
Tenancies
GROUND FLOOR, 72 CARLTON HILL - Let to Rooms for Therapists Ltd for a lease term expiring 4/6/2029 with a tenant only break clause on the 4/6/2024 subject to 6 months prior notice, paying a rent of £XXX per annum exclusive.
Location
The building is situated on the corner of Carlton Hill & Mighell Street adjacent to the new Amex building & Edward Street Quarter development that is taking shape, whilst the Circus Street Development is also nearby. The popular Queens Park is a few minutes walk away as is the City Centre.Terms
For Sale by way of a long leasehold interest with a guide price of £XXX A purchase at this level would show a net yield of 6.98% allowing for purchaser's costs of 2.37%.
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