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Retail Premises In Prime Location, 7-8 East Street Arcade, Brighton, BN1 1HR

1,137 Sq Ft / Retail / General Retail

Withdrawn - Last updated: 23 December 2022

A desirable retail unit with open plan split level trading space in addition to further basement storage. Situated in a corner position fronting both the exclusive East Street Arcade & Market Street the property benefits from an impressive window frontage.

The landlord has also explored potential for extraction to be installed & would be willing to help facilitate this.

Location

The property forms part of the exclusive East Street Arcade, whose tenant line up includes Penhaligons, Space NK, Socialite & Jo Malone. With Brighton's famous Lanes to the West & East Street to the east the property occupies a desirable location with great access to the city's attractions including the seafront, both the North Laine & The lane's as well also only being a short walk from Brighton mainline Railway Station. Other Nearby occupiers include Hugo Boss, French Connection, Hobbs, Cass Art, Plateau, Russell & Bromley & Mac.

Accommodation

The accommodation comprises of the following

Ground Floor - 588 sq ft (54.63 sq m)

Basement - 257 sq ft (23.88 sq m)

Mezzanine - 292 sq ft (27.13 sq m)

Total - 1,137 sq ft (105.64 sq m)

Terms

Terms - The property is available to let by way of a new effective full repairing and insuring lease for a term to be agreed and at a rent at £45,000 per annum exclusive of rates, building insurance, service charge & all other outgoings. Incentives available subject to status.

Legal Costs - Each side to pay their own legal costs.

Rent - £45,000 per annum exclusive of rates, building insurance, service charge & all other outgoings

Rates Payable - £17,215.50 per annum

Rateable Value - £34,500

Service Charge - A service charge will be payable based on a fair proportion of expenditure towards the building & the arcade.

EPC Rating - EPC exempt - EPC has been commissioned, will be available in less than 28 days

Specification

  • INCENTIVES AVAILABLE
  • Rent £45,000 PAX !
  • Superb window displays
  • Return frontage on Market Street
  • Outstanding city centre location.
  • Forming part of an exclusive arcade in Brighton's famous Lanes.
  • Potential for extraction


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