Map view Street view 31 Ship Street, Brighton, BN1 1AD 332 Sq Ft / Other / Investment For Sale - £380,000.00 Available - Last updated: 14 October 2025 SummaryA mid terrace property comprising a retail unit over ground floor and basement with a 1-bedroom maisonette above. The property is fully tenanted with the commercial element having a new lease completed in March 2025. The ground floor retail unit is let by way of an internal & shop front repairing lease of 10 years ending 18th March 2035 to Brighton Creamer LLP at a rent of £24,000 per annum exclusive, subject to a tenant only break option on 17th March 2030 and a rent review on 18th March 2030. The landlord holds a rent deposit of £5,500. We are advised the residential element is subject to an assured tenancy at a rent of £650 per calendar month. The combined annual rental income is £31,800 per annum.Key PointsGUIDE PRICE £380,000+DESIRABLE CITY CENTRE LOCATIONRETAIL & RESIDENTIAL INVESTMENTRECENTLY COMPLETED NEW LEASE ON THE COMMERCIAL ELEMENTGUIDE PRICE NET YIELD 8.04%AMLThe normal ID & proof of address will be required from all parties in the transaction.LocationSituated on the western side of Ship Street on the edge of Brighton's famous Lanes, close to Duke Street, North Street & Union Street. Nearby occupiers include The Ivy & Ivy Asia, Pizza Pilgrims, Honest Burger & Fred Perry in addition to an array of other local and national eateries, retailers and pubs & bars.TermsThe freehold interest is available to purchase with offers invited in excess of £380,000 for the freehold interest subject to the existing tenancies. Property Quote Price(s) DescriptionSale typeGuide pricePrice type For Sale Freehold £380,000.00 NA Documents and links EPC.pdf 31shipstreetbrightonbn1_detailunannotated_0156.pdf 99f0047ca6d5feed0d4f27b17d85578f.pdf Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist