Commercial property for sale in Kensington Gardens, Brighton BN1
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Property description
Key Points
Description
A rare opportunity to purchase this freehold investment property comprising ground floor sales, together with ancillary space on the first floor and basement storage.
Location
Situated in the heart of the North Laine area of Brighton within a pedestrianised commercial thoroughfare and being one of the premier trading locations within Brighton. Renowned for its quirky and specialist retailers, cafes, restaurant and bars, this area benefits from high footfall at all times of the year but is enhanced over the weekends and holiday seasons by locals and tourists.
Terms
Offers are invited in the region of £500,000 for the freehold interest of the property (subject to existing tenancy).
Tenant Details
Tenant - Gino Fox & Judith Fox
Lease – Full repairing and insuring lease for a term of 5 years from 1 May 2020 expiring on 30 April 2025.
Rent - £27,000 per annum exclusive
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Graves Son & Pilcher, BN1 on +44 1273 083996 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Graves Son & Pilcher, and do not constitute property particulars. Please contact Graves Son & Pilcher for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.