170 Edward Street, Brighton, BN2 0JB

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Property Summary

The building forms part of a terrace on the south side of Edward Street. This two storey building comprises a ground floor commercial unit, with kitchen and wc. On the first floor is a studio flat with kitchen and bathroom.
Situation Situated on Edwards Street, within the East Cliff Conservation Area of Kemp Town. The area is populated by many well established independent coffee shops and restaurants, along with a number of larger commercial traders such as Starbucks, Superdrug and Sainsburys. Brighton Mainline Railway Station is just under a mile away (London Victoria 72 minutes)
Accommodation Retail
Total Floor Area - 45 sq.m.
Flat
Total Floor Area 31 sq.m.

Rateable Value - £7,000

Tenure - Freehold

Tenancies Retail unit - Let on a 5 year lease from 10th June 2021, with a break clause on the second anniversary of the contractual term, at a rent of £13,200 pa. Tenant has exercised the break clause and vacates on the 9th June 2023.

Studio flat - We have been informed that the studio flat is currently let at approximately £690.00 pcm. We have requested a copy of the AST agreement to be uploaded to the legal pack. Tenant has given written notice to vacate on the 31st January 2023.

Council Tax Band A

EPC Ratings Retail Unit - C / Flat - D

lot type

Mixed Use

private treaty - sale status

SOLD BY AUCTION 2023

type

Freehold mixed Investment in Kemp Town producing £21,480 per annum
SOLD BY AUCTION 2023

description

The building forms part of a terrace on the south side of Edward Street. This two storey building comprises a ground floor commercial unit, with kitchen and wc. On the first floor is a studio flat with kitchen and bathroom.
Situation Situated on Edwards Street, within the East Cliff Conservation Area of Kemp Town. The area is populated by many well established independent coffee shops and restaurants, along with a number of larger commercial traders such as Starbucks, Superdrug and Sainsburys. Brighton Mainline Railway Station is just under a mile away (London Victoria 72 minutes)
Accommodation Retail
Total Floor Area - 45 sq.m.
Flat
Total Floor Area 31 sq.m.

Rateable Value - £7,000

Tenure - Freehold

Tenancies Retail unit - Let on a 5 year lease from 10th June 2021, with a break clause on the second anniversary of the contractual term, at a rent of £13,200 pa. Tenant has exercised the break clause and vacates on the 9th June 2023.

Studio flat - We have been informed that the studio flat is currently let at approximately £690.00 pcm. We have requested a copy of the AST agreement to be uploaded to the legal pack. Tenant has given written notice to vacate on the 31st January 2023.

Council Tax Band A

EPC Ratings Retail Unit - C / Flat - D