Retail premises to let in Ground Floor & Basement, Electric House, 60/67 Castle Square, Brighton BN1

Description

Built in 1933 on the site of the former Needham's Stores, this landmark building provides stunning Art Deco decorations with Borough arms. It was built & occupied as an office building occupied by the corporation’s electricity department. The freeholder is currently carrying out a development of the 1st & 2nd floors to create a number of residential apartments in addition to refurbished offices at 3rd floor level. The ground floor & basement will be re-configured to provide an impressive predominately open place space at ground floor level in addition to further space in the basement with many original features. The space is considered suitable for a variety of uses including a restaurant (stnc) & our clients have had some indicative plans drawn up that indicate it could accommodate 100 covers at ground floor with a further 60 for a private dining room in the basement. The building will be externally decorated prior to occupation & the space will include a shared roof terrace for all commercial and residential occupiers. Plans can be seen by scrolling further.

Location

The property is situated in a very prominent position at the eastern end of North Street at its junction The Old Steine, where the Valley Garden regeneration is currently underway & which will include increased pedestrianisation by the property. 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 Watches of Switzerland, Hugo Boss, Hobbs, French Connection, Oliver Bonas, Molton Brown Hotel Chocolat & Pret A Manger.

Terms

Available to let on a new full repairing and insuring lease for a term of 20 years with provision for 5 yearly upward only rent reviews.

Handover

It is proposed that the space will be available from September 2025 & will be provided with capped utilities.

Measurements

Measurements published have been scaled from plans.