77b London Road, Brighton, BN1 4JF

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Property Summary

The building forms part of a terrace on the east side of London Road and the corner of Rose Hill Terrace. This three storey commercial building comprises of retail space on the ground and first floor, along with an office and basement storage.

Situation The property is situated in a vibrant city centre location, close to the local amenities at Preston Circus and Brighton’s Preston Park. The immediate vicinity is characterised by a mix of residential properties, retail units and restaurants.

Location Pin (What3Words): brief.feast.piper
https://w3w.co/brief.feast.piper

Accommodation Ground Floor Retail - 40.78 sq.m.
Ground Floor Office - 8.89 sq.m.
First Floor Retail - 36.4 sq.m.
Basement Storage - 12.75 sq.m.
Basement Kitchen - 6.4 sq.m.
Total Floor Area - 105.2 sq.m.

Tenure Freehold

Tenancy Let on a 10 year lease from 20th November 2018, with a rent review on the 20th August 2023, at a rent of £22,000 pa. August 2023 rent review has not been implemented. Full repairing and insuring terms.

Rateable Value £13,250

EPC Rating D

lot type

Commercial

private treaty - sale status

SOLD BY AUCTION 2023

type

SOLD BY AUCTION 2023
Freehold Commercial Investment Producing £22,000 Per Annum

description

The building forms part of a terrace on the east side of London Road and the corner of Rose Hill Terrace. This three storey commercial building comprises of retail space on the ground and first floor, along with an office and basement storage.

Situation The property is situated in a vibrant city centre location, close to the local amenities at Preston Circus and Brighton’s Preston Park. The immediate vicinity is characterised by a mix of residential properties, retail units and restaurants.

Location Pin (What3Words): brief.feast.piper
https://w3w.co/brief.feast.piper

Accommodation Ground Floor Retail - 40.78 sq.m.
Ground Floor Office - 8.89 sq.m.
First Floor Retail - 36.4 sq.m.
Basement Storage - 12.75 sq.m.
Basement Kitchen - 6.4 sq.m.
Total Floor Area - 105.2 sq.m.

Tenure Freehold

Tenancy Let on a 10 year lease from 20th November 2018, with a rent review on the 20th August 2023, at a rent of £22,000 pa. August 2023 rent review has not been implemented. Full repairing and insuring terms.

Rateable Value £13,250

EPC Rating D