Wilmington Parade, Brighton, East Sussex

The Property comprises a currently tenanted retail unit,
producing an annual income of £6,500.
We consider the Property to be under rented when
compared to the local market, and we believe there is an
opportunity to increase the rent upon reversion.
The Property is for-sale on a Long Leasehold basis, with
an annual ground rent of £250.
Wilmington Parade is a strong location, which rarely
sees opportunities such as this come to the market.
The Property is situated on Wilmington Parade, which is
located to the north of the vibrant city of Brighton.
The parade is characterised by a number of retail stores
including a Premier Express and takeaway stores. To the
south of the parade is a local pub, namely The Long Man of
Wilmington and to the north of the parade, on Carden
Avenue, there are additional retail stores.
We consider the location to be prominent and unique due to
the lack of similar opportunities having been available in the
local market over the last 12-months.
The Property is circa 3.2 miles away from Brighton Pier, 2.6
miles away from Brighton National Railway station, and 3
miles away from The Lanes.