Retail premises to let in Electric House, 60/67 Castle Square, Brighton BN1
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Property description
Key Points
Description
Built in 1933 on the site of the former Needham's Stores, Electric House is a stunning Art Deco building decorated with Borough arms was built & occupied as an office building occupied by the corporation’s electricity department. Arranged over 5 storeys with a former bank at ground floor & basement with self contained offices accessed from Palace Place on the upper floors which also benefits from a lift. It's considered that the property could be suitable for a variety of uses including, restaurant, hotel, leisure, retail or offices (stpc).
Location
The property is situated in a highly prominent location at the bottom of North Street over looking The Old Steine. Whilst opposite to the east is St James's Street, Brighton City Centre is to the west where the property has easy access to both the Lanes & The North Laine shopping areas. Nearby occupiers include Sainsbury's Local, Hugo Boss, Hobbs, French Connection, Molton Brown & Pret A Manger.
Terms
Available to let on a new full repairing and insuring lease for a term to be agreed with upward only rent reviews at appropriate intervals. The whole building is available for £500,000 per annum exclusive, whilst our client will alternatively let just the basement & ground floor for £225,000 pax or the 1st, 2nd & 3rd floors for £275,000 pax.
Note
Measurements published have been provided by landlord.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Eightfold Property - Brighton, BN1 on +44 1273 434347 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Eightfold Property - Brighton, and do not constitute property particulars. Please contact Eightfold Property - Brighton 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.