Selbourne House, Chatham Place, Brighton, East Sussex, BN1 3TN
£1,700,000
Property Summary
Available on the market for the first time in 50 years, this is a rare opportunity to acquire a substantial mixed use freehold investment property located in Seven Dials, Brighton. The property comprises six self-contained flats and four commercial units, all of which are tenanted and producing an annual income of approximately £135,766 per annum exclusive.
situation
The property is situated in the heart of the popular Seven Dials area, just north of Brighton city centre. Brighton Station is approximately a 10 minute walk away and the area benefits from easy access to the A23 and A27. Nearby occupiers include Gails, Flour Pot Bakery, Subway, The Good Companions, Co-op and Ashtons Pharmacy.
accommodation
The property has the following approximate Net internal floor areas:
RESIDENTIAL
Flat 1 34.0sq.m.
Flat 2 62.22sq.m.
Flat 3 33.21sq.m.
Flat 4 64.41 sq.m.
Flat 5 75.85 sq.m.
Flat 6 66.37 sq.m.
Total 336.06 sq.m.
COMMERCIAL
19 Chatham Place 91.1sq.m.
20-21 Chatham Place 95.01 sq.m.
41 Prestonville Road 96.20 sq.m.
42 Prestonville Road 83.22 sq.m.
Total 365.53 sq.m.
Flat 1 £875
Flat 2 £1,400
Flat 3 £1,050
Flat 4 £1,400
Flat 5 £1,450
Flat 6 £1,375
Total £7,550
COMMERCIAL (£pa)
19 Chatham Place £8,500
20-21 Chatham Place £13,666
41 Prestonville Road £11,000
42 Prestonville Road £12,000
Total £45,166
private treaty - sale status
Mixed Residential/Commercial Investment
type
On The Instructions Of Executors
Freehold Investment Arranged as 6 x Self-Contained Flats and 4 x Commercial Units
Currently Producing £135,766 per annum exclusive
description
Available on the market for the first time in 50 years, this is a rare opportunity to acquire a substantial mixed use freehold investment property located in Seven Dials, Brighton. The property comprises six self-contained flats and four commercial units, all of which are tenanted and producing an annual income of approximately £135,766 per annum exclusive.