TypeRetail Investments · Assured Shorthold Tenancies

BN1 6 Trafalgar Street, Brighton

TenureFor sale

6 Trafalgar Street, Brighton, BN1 1/12

Specification

Building size
Building size 817 - 1,718 sqft
Property type
Property type Retail Investments · Assured Shorthold Tenancies
Tenure
Tenure For sale

Description

Brighton - Mixed Use Investment Opportunity.

The property is arranged as four storey mid terrace building. There is a self-contained restaurant on the ground and lower ground floor, and a two bedroom flat on the first and second floors.

The ground and lower ground floor is let and trades as a restaurant. There was a 10 year term commencing 30/8/2010 which has since expired with the tenant currently holding over. The lease is inside the 1954 Landlord & Tenant Act and the tenant has indicated they wish to stay. They are currently paying £12,300 per annum.

The two bedroom flat is let by way of an AST agreement at a current rent of £1,000 per month.

Location

The property is situated in the popular and highly sought after North Laine area of Brighton and occupies a position near to Sydney Street which is one of the primary retailing thoroughfares.

The North Laine comprises a variety of independent and specialist retailers.

Rents and prices are quoted exclusive but may be subject to VAT.

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