84 St. James's Street, Brighton, East Sussex, BN2 1TP
£340.14 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,323 sq ft
123 sq m
- SECTOR
High street retail property for sale
Key features
- Centrally Located
- Prime Thoroughfare
- Income Producing with Self Contained 3 Bed Maisonette
- Popular Kemptown Location
Description
Situated in the heart of the vibrant area of Kemp Town, St James's Street houses a number of restaurants, bars and commercial occupiers. Royal Sussex County Hospital and Brighton College are to the north and Brighton seafront is within walking distance to the south.
Description
This mid-terraced, five storey property is made up by a ground floor shop, which is let at a current rent of £15,000 per annum, exclusive. The upper floors are self-contained and are currently undergoing refurbishment throughout. This will be a three bedroom maisonette and we expect the rent will be in the region of £1,700 per calendar month therefore, we anticipate an overall income (ERV) of £36,600 per annum, exclusive.
Price
Offers are invited in the region of £450,000 for the freehold interest.
Tenure Comments
Freehold
Rent
The ground floor shop produces a current rent of £15,000 per annum, exclusive.
The ERV for the self-contained maisonette is in the region of £1,700 per calendar month.
The potential overall income is £35,600 per annum, exclusive.
EPC
The first floor maisonette has an EPC rating of E - 52.
The shop has an EPC rating of C - 67.
VAT
We are informed that VAT is not 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.
Brochures
84 St. James's Street, Brighton, East Sussex, BN2 1TP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Brighton Station0.7 miles
- London Road (Brighton) Station1.1 miles
- Moulsecoomb Station1.9 miles
About Jacobs Steel, Jacobs Steel Commercial, Worthing
12 Chapel Road, Worthing, BN11 1BJ
Notes
Disclaimer - Property reference 80FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Jacobs Steel, Jacobs Steel Commercial, Worthing. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.