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1 bedroom mixed use for sale

2 George Street, Brighton, BN2

Sold STC £250,000

Property Description

Full description

** SOLD BY AUCTION** Freehold shop with rear store and 1 bedroom newly refurbished flat. Producing £19,140 per annum.

Freehold mixed use investment in central location producing £19,140pa

A terraced Grade II listed bay fronted property arranged over four floors. The building was subject to an extensive programme of restoration in 2014 and works included new wall insulation, flooring, wiring and plumbing.


situation

The property is very close to the junction of St James's Street which is the main thoroughfare and busy shopping street of the vibrant Kemp Town district of Brighton.

It has many major retailers including Morrisons, Tesco, Starbucks and Boots and most major banks are also close by.

The mainline train station is a 15 minute walk away with fast trains to Victoria only taking 52 minutes. The pier, seafront and city centre are within a 5 minute stroll.


accommodation

Shop - No.2
The shop has a good window display frontage onto George Street with a WC kitchenette and basement room with good head height.
Ground floor: 275sqft (25.6sqm)
Basement: 186sqft (17.42sqm)
Let on a licence at £700 pcm + £48 pcm (all utilities)

Rear annexe - No.2a
A self-contained annexe which is accessed via a side passage and gated entrance which is located at the rear of the property. It has been separately rated as a residential unit since 19.11.2014. This unit could be converted into a small office or alternatively by incorporating part of the rear of the shop it might be possible to create a flat. Both schemes would be subject to obtaining all the necessary consents. Vacant.

Maisonette - No.2b
Also accessed at the side, the 1-bedroom flat has been completely refurbished and comes with the benefit of electric wall mounted heaters and a lovely west facing roof terrace.
Let on an AST at £895pcm + £82pcm (all utilities)
Floor area: 387sqft (36sqm)



Nearest stations

  • Brighton (0.6 mi)
  • London Road (Brighton) (1.0 mi)
  • Hove (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Austin Gray, Auction House Sussex

37 Vernon Terrace, Brighton, BN1 3JH

01273 839132 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Brighton (0.6 mi)
  • London Road (Brighton) (1.0 mi)
  • Hove (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Austin Gray, Auction House Sussex

37 Vernon Terrace, Brighton, BN1 3JH

01273 839132 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference ah_sussex_1444888_18906. 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 Austin Gray, Auction House Sussex. 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.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Austin Gray, Auction House Sussex on 01273 20 19 80.


Map data OpenStreetMap contributors.