TypeRetail Investments · Ground Rents

BN1 80 Beaconsfield Road, Brighton

TenureFor sale

80 Beaconsfield Road, Brighton, BN1 1/4

Specification

Building size
Building size 444 sqft
Property type
Property type Retail Investments · Ground Rents
Tenure
Tenure For sale

Description

The property comprises a mid-terraced retail unit, together with self-contained upper parts. The commercial element is currently fully let to an established hot food takeaway. The lease provides c. 10 years term certain with fixed rental uplifts making the property an appealing investment opportunity.

The upper parts have been sold off on long leases. One of the leases has been extended. The other two have c. 60 years remaining.

Offers are invited in the region of £225,000 for the freehold interest of the property (subject to existing tenancies).

Located on busy A23 corridor

Mixed Use Building comprising Class E shop and 3 x flats sold off on long leases

Freehold Investment

Income producing, approximately £13,400 per annum exc with fixed uplifts

Lease expiry in May 2037 - circa 10 years remaining

Opportunity to agree lease extensions on the 2 flats with 60 years remaining

Location

The property occupies a prominent position along Beaconsfield Road. Beaconsfield Road is situated close to Preston Park and forms part of the A23 corridor, one of the main arterial routes into Brighton City Centre.

Nearby occupiers including Kamsons Pharmacy, Arkwrights Deli, Sunny Foods and Cats Protection. The surrounding area is a mixture of independent shops, cafes and restaurants and local services as well as high density residential. Brighton Train Station is approximately 0.6 miles away which provides regular services to London and other areas in Sussex. Preston Park Station and London Road Station are also close by.

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