Property for sale in 100 High Street, Rottingdean, Brighton BN2

Offers in region of £350,000
Interested in this property? Call +44 1903 929415 * or Request Details

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Property for sale

Tenure:
Not available
Council tax band:
Not available

Property features

  • Prime Freehold Investment
  • Popular Historic Village
  • Overall income of £22,000 pax
  • Imposing Corner Location

Property description



Location:

Situated in Rottingdean, which is a popular and coastal village located approximately four miles to the East of Brighton. Bordering Ovingdean, Saltdean and Woodingdean, this Historic village is a busy tourist location and is situated just meters away from the busy A259 coast Road. Popular occupiers in the village include Tesco Express, Co-Op and Costa Coffee, together with numerous independent retailers and eateries.

The premises can be found on Google Maps by typing in the following postcode BN2 7HF:

Description:

This imposing corner property is situated on the busy junction of High Street and Steyning Road. The property consists of two ground floor shops, both of which are currently let and income producing an overall income of £22,000 per annum, exclusive.

Accommodation:

The premises have the following approximate floor areas:

North Shop: 275sqft / 25.60sqm

South Shop: 356sqft / 33.10sqm

Total floor area: 631sqft / 58.70sqm

Tenure:

Freehold investment

Price:

Offers are invited in the region of £350,000 for the freehold interest.

Business Rates:

North Shop: The rateable value from April 2023 provided by the Valuation Office Agency is £4,850. The small business rates for the financial year (2023 - 2024) is 49.9p in the £ making the rates payable approx. £2,420.15.

South Shop: The rateable value from April 2023 provided by the Valuation Office Agency is £6,200. The small business rates for the financial year (2023 - 2024) is 49.9p in the £ making the rates payable approx. £3,093.80.

EPC:

The South shop has an EPC rating of C - 64.
The North shop has an EPC rating of D - 83.

VAT:

We are informed that VAT is applicable on the terms quoted.

Use:

We understand the premises benefit from Class E use however, we would advise any potential tenant to check with the Planning Department to ascertain if their use is permitted.

Legal fees:

Each party is responsible for their own legal fees in this transaction.

Viewing:

Strictly by appointment with Sole Agents, Jacobs Steel.

Contact:

Leigh Doherty

Jacobs Steel - Commercial Manager

t: E:

Arrange Viewing

For more information about this property, please contact
Jacobs Steel, BN11 on +44 1903 929415 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Jacobs Steel, and do not constitute property particulars. Please contact Jacobs Steel 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.

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