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GROUND FLOOR UNIT, KEMPTOWN HOUSE, 72 CARLTON HILL, BRIGHTON, BN2 0GW

700 Sq Ft / Other / Investment

For Sale - £210,000.00

Available - Last updated: 04 September 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 £15,000pa exclusive. We understand there is a 3 month rent deposit held by the landlord.


Key Points

  • PRICE £210,000
  • MODERN BUILDING
  • CLOSE TO NEW EDWARD STREET QUARTER & CIRCUS STREET DEVELOPMENTS
  • INVESTMENT 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 £15,000 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 £210,000. A purchase at this level would show a net yield of 6.98% allowing for purchaser's costs of 2.37%.

    Property Quote Price(s)

    DescriptionSale typeGuide pricePrice type
      For Sale Leasehold £210,000.00 NA

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    Contact agents

    Max Pollock

    Eightfold Property

    01273 068275

    James Hawley

    Eightfold Property

    01273 068314



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