1 bedroom mixed use for sale2 George Street, Brighton, BN2
Sold STC £250,000
** 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.
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.
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)
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