TypeRetail Investments · Assured Shorthold Tenancies · Office Investments · Ground Rents
BN2 32-33 St. James's Street, Kemptown, Brighton
TenureFor sale
Specification
- Building size
- Building size 4,654 sqft
- Property type
- Property type Retail Investments · Assured Shorthold Tenancies · Office Investments · Ground Rents
- Tenure
- Tenure For sale
Description
The property boasts a significant corner plot on St James's Street and Cavendish Street. The property is made up of four separate commercial elements which are all fully let on an FRI basis via a service charge. The retail units fronting St James's Street are laid out across ground and basement and fully self-contained with WCs. 1a Cavendish Street is accessed via Cavendish Street and is laid out as retail space on the ground and basement with WC and kitchenette. 1 St James's Mews consists of a workshop/office building self-contained from the rest of the property with access from Ardingly Street and St James's Mews and split over ground and first. The upper parts of St James's Street/Cavendish Street are laid out as 11 residential flats with one being let on an AST (which is included in the investment sale) and ten sold off on long leases.
Mixed use investment for sale
Popular location within Kemptown
Gross income of £90,300 pa
Freehold
Location
The property is situated within the popular trading thoroughfare of St James's Street linking Brighton city centre to the sought after area of Kemptown. There are well known retailers close by including Starbucks, Superdrug, Boots, Morrisons, Sainsbury's, and The Co-Operative, as well as multiple independent retailers. The subject property is in a prime position fronting St James's Street along with access to the upper parts and a commercial unit from Cavendish Street and St James's Mews to the rear.


