Property Summary

The building forms part of a terrace of properties, on the east side of Park Crescent Terrace. This two storey property currently occupied by an independent trader, comprises of a ground floor commercial workshop, office, storeroom and wc. Over the first floor, is a vacant self-contained flat, comprising 2 double bedrooms, living room, kitchen/breakfast room and bathroom.
There is potential to convert the property into one single dwelling (C3) - subject to the necessary consents.
Situation Park Crescent Terrace is situated within a residential area, just minutes from London Road and Lewes Road, Brighton - offering a variety of cafes, shops, restaurants,bars and entertainment facilities. The North Laines and Brighton Mainline Railway Station are approximately half a mile from the property (London Victoria 62 minutes).
Accommodation COMMERCIAL GROUND FLOOR
Floor Area – 116.76 sq.m.
FIRST FLOOR
Floor Area – 59.74 sq.m.
Total Floor Area – 176.5 sq.m.
Tenancies COMMERCIAL WORKSHOP
On and including, 19th October 2019, up to and including, 18th October 2024. Let at an initial rent of £11,800pa - the tenant is holding over.
No security of tenure
FIRST FLOOR
Vacant – previously let at £12,000pa
Rent Commercial rent £11,0800pa
Tenure - Freehold
Rateable Value £12,750
EPC Rating -Flat (26a) - E; Commercial - E
Council Tax - Flat (26a) Band A

private treaty - sale status

Under offer

type

Freehold Mixed Invesment In Central Brighton

description

The building forms part of a terrace of properties, on the east side of Park Crescent Terrace. This two storey property currently occupied by an independent trader, comprises of a ground floor commercial workshop, office, storeroom and wc. Over the first floor, is a vacant self-contained flat, comprising 2 double bedrooms, living room, kitchen/breakfast room and bathroom.
There is potential to convert the property into one single dwelling (C3) - subject to the necessary consents.
Situation Park Crescent Terrace is situated within a residential area, just minutes from London Road and Lewes Road, Brighton - offering a variety of cafes, shops, restaurants,bars and entertainment facilities. The North Laines and Brighton Mainline Railway Station are approximately half a mile from the property (London Victoria 62 minutes).
Accommodation COMMERCIAL GROUND FLOOR
Floor Area – 116.76 sq.m.
FIRST FLOOR
Floor Area – 59.74 sq.m.
Total Floor Area – 176.5 sq.m.
Tenancies COMMERCIAL WORKSHOP
On and including, 19th October 2019, up to and including, 18th October 2024. Let at an initial rent of £11,800pa - the tenant is holding over.
No security of tenure
FIRST FLOOR
Vacant – previously let at £12,000pa
Rent Commercial rent £11,0800pa
Tenure - Freehold
Rateable Value £12,750
EPC Rating -Flat (26a) - E; Commercial - E
Council Tax - Flat (26a) Band A