Summary
A rare opportunity to occupy a Class E lock up shop that would be suitable for a variety of commercial businesses, subject to the landlords prior approval. The accommodation comprises an open plan ground floor sales area, a room to the rear with a kitchenette and WC, and further storage located within the basement.
Key Points
- New Lease Terms Available
- Class E, would suit a variety of commercial uses subject to Landlords prior approval
- Ground floor with basement storage
- Kitchenette and WC facilities
- Situated within the popular Fiveways parade
Tenure
The property is available by way of a new effective full repairing and insuring lease, for a term to be negotiated and agreed. The commencing rent is £18,000 per annum exclusive, subject to rent reviews at appropriate intervals.
VAT
We understand that VAT is not currently charged on the rent.
Agents Note
The Landlord has informed us that the property will be stripped of the launderette goods to include the extraction, prior to completion. Further information available upon request.
Business Rates
According to the Valuation Office Agency website, the property has a rateable value of £12,500.
Trading Hours & Use
Please note that the lease will restrict hours of use to 08.00am – 19:XXXm. The Landlord has informed informed us that cafes, restaurants and takeaway uses will not be permitted.
Location
The property occupies a prominent position along Preston Drove, within the popular and desirable Fiveways area. Nearby occupiers include Kamsons Pharmacy, a grocery store, an off licence, barbers, osteopath, and a range of other quirky independent retailers, cafes, and restaurants. The A27 and the centre of Brighton are both within easy reach of the property.