The property comprises a large fronted retail unit providing predominantly open plan retail sales on the ground floor, with additional ancillary basement and rear yard area.
( Agency Pilot Software ref: 30699 )
Location
The property is situated in a prominent position fronting East Street one of the highest footfall areas in Brighton. East Street is a renowned for its upper market fashion brands, high-quality restaurants and bars and is a must visit destination for shoppers. The property sits near The South lanes, The New Hannington Development, Kemptown and Brighton Beach. Brighton is a prime retail destination with the ONS reporting a population of 277,000 residents in 2021. It remains the preferred shopping location for nearby affluent areas including Haywards Heath, Lewes and Shoreham by Sea.
Accommodation
Ground floor sales 750 sq ft (69.68sqm )
Basement 740 sq ft (68.75 sq m )
TOTAL 1,490sq ft (138.43sq m )
Terms
TENURE A new effective full repairing and insuring lease by way of service charge.
RENT Terms to be agreed at a commencing rent of £65,000 Per annum exclusive, subject to rent reviews at the appropriate intervals.
RATES Effective April 2023 the Rateable Value of the property is £51,000.
VAT VAT will be chargeable on the terms quoted.
LEGAL COSTS Each party is to be responsible for their own legal fees.
EPC Available upon request