A rare opportunity to purchase this freehold mixed use property comprising of a ground and lower ground floor retail unit with rear yard and outside wc facility, and first and second floor one bedroom self-contained maisonette.
Location
Situated in the heart of Kemp Town, Brighton on St George’s Road and close to a number of restaurants, bars and commercial occupiers. Royal Sussex County Hospital and Brighton College are to the north and Brighton seafront is within walking distance to the south.
Accommodation
SHOP
Ground Floor 204 ft² / 18.9 m²
Lower Ground Floor 253 ft² / 23.5 m²
Total Floor Area: 457 ft² / 42.4 m²
Let to Koop Projects Limited for a term of 5 Years from 3 Aug 2021. There is a tenant only break clause at 3 Aug 2024. Security is provided by way of a personal guarantor and 3 months’ rent deposit. Income: £12,000
MAISONETTE
First and Second floor self-contained flat comprising living room, one bedroom, kitchen and bathroom
Let on an AST at £1,350 pcm. Council Tax Band A. Icome: £16,200
Total Annual Income: £28,200
Terms
Terms - Offers are invited in the region of £375,000 for the freehold interest of the property (subject to existing tenancies). The property is not elected for VAT.
EPC Rating Shop: E-115 Maisonette: C-71