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35 Kensington Gardens, Brighton, BN1 4AL

1,027 Sq Ft / Other / Investment

For Sale - £500,000.00

Under Offer - Last updated: 11 July 2024

Summary

A rare opportunity to purchase this freehold investment property comprising ground floor sales, together with ancillary space on the first floor and basement storage.


Key Points

  • A rare opportunity to purchase this freehold investment
  • Situated in the heart of the North Laine area of Brighton
  • One of the premier trading locations within Brighton

  • Tenant Details

    Tenant - Gino Fox & Judith Fox

    Lease – Full repairing and insuring lease for a term of 5 years from 1 May 2020 expiring on 30 April 2025.

    Rent - £27,000 per annum exclusive

    Location

    Situated in the heart of the North Laine area of Brighton within a pedestrianised commercial thoroughfare and being one of the premier trading locations within Brighton. Renowned for its quirky and specialist retailers, cafes, restaurant and bars, this area benefits from high footfall at all times of the year but is enhanced over the weekends and holiday seasons by locals and tourists.

    Terms

    Offers are invited in the region of £500,000 for the freehold interest of the property (subject to existing tenancy).

    Property Quote Price(s)

    DescriptionSale typeGuide pricePrice type
      For Sale Freehold £500,000.00 NA

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    Contact agents

    James Haywood

    Graves Son & Pilcher LLP

    01273 068330

    Erin Kirsop

    Graves Son & Pilcher LLP

    01273 068140

    Chelsea Adams

    Graves Son & Pilcher LLP

    01273 068 126

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