Retail and 2 bed maisonette available for sale.
Location
Situated in this popular destination known for its food and drink venues and located between the prime retail thoroughfare of Western Road and Brighton seafront, and close to the i360 Tower
Accommodation
Retail premises - Let to Guia Lighthouse Limited on a full repairing and insuring lease expiring 2028 at a present retail of £15,000 plus VAT subject to 5 yearly rent reviews (next review May 2023).
Ground Floor - 209 sq ft (19 sq m)
Basement - 269 sq ft (25 sq m)
Total - 486 sq ft (45 sq m)
Residential Upper Parts - Our client has taken advice from a leading local residential letting gent who values the maisonette at a rental of circa £1,600 pcm. At present our client uses the services of a holiday letting organisation and after occupational and management expenses the net income averages over £2,000 pcm
2 bedroom maisonette arranged over 2 floors
Terms
Rateable Value (Commercial) - £8,100
Price - Offers are invited in the region of £650,000 for the freehold interest
EPC - C54