Under Offer

TypeRetail Investments · Assured Shorthold Tenancies

BN2 74 Lewes Road, Brighton

TenureFor rent

74 Lewes Road, Brighton, BN2 1/6

Specification

Building size
Building size 2,185 sqft
Property type
Property type Retail Investments · Assured Shorthold Tenancies
Tenure
Tenure For rent

Description

A prominent 4-storey corner building, comprising a Class E premises at ground floor level, that is currently operating as a Barber Shop, with a 7-bedroom, 7 en-suite HMO arranged from basement to second floor. The current income from the property as a whole is £73,560 per annum, with the retail unit let at a rent of £13,500 per annum, and the HMO element let at a rent of £5,005 per calendar month (£60,060 per annum).

Location

The property sits on the corner of Lewes Road and Inverness Road. Lewes Road is one of the main arterial routes into Brighton, down towards the seafront, and is a popular area of the city among its student population. Local occupiers include Sainsbury's, Pepe's Piri Piri, and Subway.

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