Church Street, Brighton, BN1 1RL
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- Prime Retail Investment
- City Centre Location
- Short walk to Brighton Train Station
Location:
Situated at the top of Church Street, within yards of the main thoroughfare of Queens Road, which is one of the main arterial routes and leads directly to Brighton Mainline Train Station to the north, and the popular Churchill Shopping Centre, The famous Lanes and major tourist attraction of Brighton Seafront to the south.
The premises can be found on Google Maps by typing in the following postcode: BN1 1RL.
Description:
The premises are currently trading as a cake shop and occupy the ground floor, together with a small rear yard. The upper parts are sold off on a long lease and the ground floor is let on a lease for a term of 12 Years from May 2013, at a current rent of £20,000 per annum, exclusive.
Accommodation:
The premises have the following approximate floor areas:
Ground floor: 436sqft / 40.58sqm
Total floor area: 436sqft / 40.58sqm
Tenure:
Freehold investment
Price:
Offers are invited in the region of £325,000 for the freehold interest.
Business Rates:
The rateable value from April 2023 provided by the Valuation Office Agency is £12,250. The small business rates for the financial year (2023 - 2024) is 49.9p in the £ making the rates payable approx. £6,112.75.
EPC:
An EPC is available on request.
VAT:
We are informed that VAT is applicable on the terms quoted.
Use:
We understand the premises benefit from Class E use however, we would advise any potential tenant to check with the Planning Department to ascertain if their use is permitted.
Legal fees:
Each party is responsible for their own legal fees in this transaction.
Viewing:
Strictly by appointment with Sole Agents, Jacobs Steel.
Contact:
Leigh Doherty
Jacobs Steel - Commercial Manager
t: 01903 792785 e: leighdoherty@jacobs-steel.co.uk
