306 Ditchling Road, Brighton, East Sussex, BN1 6JG

£200,000

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Property Summary

The property forms part of a terrace on the east side of Ditchling Road. This two storey building consists of a ground floor retail unit, currently let at £15,600 per annum to Fiveways Fruits, and a first floor self contained flat - which has been sold off on a long lease.

Situation The property is located in popular 'Fiveways', approximately 2 miles from Brighton City centre with its range of amenities along with Brighton seafront & promenade. Both Blaker's Park and Preston Park are within walking distance, as is London Road railway station with links to Brighton and Preston Park railway station,(London Victoria 62 minutes).

Location Pin (What3Words): added.abode.only
https://w3w.co/added.abode.only

Accommodation Retail space - 20
Internal storage - 27
WC
Total Floor Area - 47 sq.m.

Tenure Freehold

Rent The ground floor shop is let to Fiveways Fruits on a 10 year lease expiring 01 January 2033 with a current rent of £15,600 pa.

The first floor flat is sold off on a long lease, with the term expiring on 22 June 2195 with a peppercorn ground rent.

Rateable Value - £7,400

EPC Rating C

lot type

Commercial Investment

private treaty - sale status

FOR SALE BY AUCTION

type

Freehold Commercial Investment - Producing £15,600 Per Annum

description

The property forms part of a terrace on the east side of Ditchling Road. This two storey building consists of a ground floor retail unit, currently let at £15,600 per annum to Fiveways Fruits, and a first floor self contained flat - which has been sold off on a long lease.

Situation The property is located in popular 'Fiveways', approximately 2 miles from Brighton City centre with its range of amenities along with Brighton seafront & promenade. Both Blaker's Park and Preston Park are within walking distance, as is London Road railway station with links to Brighton and Preston Park railway station,(London Victoria 62 minutes).

Location Pin (What3Words): added.abode.only
https://w3w.co/added.abode.only

Accommodation Retail space - 20
Internal storage - 27
WC
Total Floor Area - 47 sq.m.

Tenure Freehold

Rent The ground floor shop is let to Fiveways Fruits on a 10 year lease expiring 01 January 2033 with a current rent of £15,600 pa.

The first floor flat is sold off on a long lease, with the term expiring on 22 June 2195 with a peppercorn ground rent.

Rateable Value - £7,400

EPC Rating C