Commercial Property for sale

Kensington Gardens, Brighton

£67,000

Property Description

Full description

LOCATION
The property is located in the heart of the historic North Laine area of Brighton with very high level of passing trade and footfall throughout the week. This quirky part of Brighton is host to a variety of occupiers from craft to food related cafes and restaurants with a vibrant feel making it a real tourist destination just a short distance from Brighton railway station.

DESCRIPTION
The property comprises of ground floor restaurant seating area for approx 20/30 covers and prep/ workstation to the rear internally it is fitted with spot lighting and laminate flooring along with electric heaters.

The lower ground floor is arranged with W.C and kitchen fitted with wok burner, fryers and stainless steel workspace and sink with extractor fan system and hood as well as multiple fridges and freezers for storage with additional rear storage space.

There is not currently an alcohol licence on the property, however one could be applied for (subject to necessary consent being secured).

DIMENSIONS
The property has the following internal dimensions:

• Ground floor restaurant - 382.11sq.ft
• Lower ground floor - 192.67sq.ft
• Total internal floor area approximately: 574.78sq.ft

LEASE
The property is available by way of assignment of the existing lease, with the remainder of a 20 year term from 5th September 2005.
RENTAL
The property has a current passing rental of £17,500 per annum exclusive

PREMIUM
A premium for the fixtures, fittings, goodwill and valuable lease is required. Offers are invited in the region of £67,000 for the leasehold interest in the property.

BUSINESS RATES
Interested parties should contact the local council to confirm the rates payable and if they are eligible for any rates relief.

LEGAL COSTS
The ingoing lessee will be responsible for the landlord’s legal costs as well as their own legal costs in relation to this transaction

EPC
An EPC report is available for all interested parties to view on request.

VAT
May be chargeable o


More information from this agent

Nearest stations

  • Brighton (0.2 mi)
  • London Road (Brighton) (0.7 mi)
  • Preston Park (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Parsons Son & Basley, Brighton - Commercial

32 Queens Road, BN1 3YE

01273 274028 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 (0.2 mi)
  • London Road (Brighton) (0.7 mi)
  • Preston Park (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Parsons Son & Basley, Brighton - Commercial

32 Queens Road, BN1 3YE

01273 274028 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 26577684. 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 Parsons Son & Basley, Brighton - Commercial. 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.

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