Property for sale in Surrey Street, Brighton BN1
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Property features
- Freehold Investment Opportunity
- Prime City Centre Location
- Ground Floor Shop
- First Floor 2 Bedroom Flat
- Current Rent £35,700pa
- Potential to Improve Annual Rent
Property description
A freehold investment opportunity in a prime Brighton location. The property is arranged as a grocer/deli on the ground floor paying a rent of £16,500pa in occupation on a 5 year lease expiring March 2025 and a 2 bedroom, 2 bathroom flat on the first floor currently let on an AST at £1,600pcm (£19,200pa). The flat could suit holiday lets/Airbnb given the prime location, close to Brighton Station and the vibrant City centre. Planning permission was granted by appeal in October 2018 for an additional storey. Buyers should take their own advice on the existing use class and future hope for redevelopment of the site.
Property info
For more information about this property, please contact
Nicholas James, BN3 on +44 1273 283754 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Nicholas James, and do not constitute property particulars. Please contact Nicholas James for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.